13Enforcement of authorisations by the Minister

13 Enforcement of authorisations by the Minister

13 Enforcement of authorisations by the Minister

(1) If the Minister is satisfied that the holder of an authorisation has knowingly contravened a requirement of this Act, the regulations or the conditions of the authorisation, the Minister may do 1 or more of the following—

(a) impose a monetary penalty not exceeding $250,000 on the holder of the authorisation,

(b) if the holder of the authorisation is a corporation, impose a monetary penalty not exceeding $50,000 on a person who is a director of or concerned in the management of the corporation, but only if the Minister is satisfied that the person knowingly authorised or permitted the contravention,

(c) cancel the authorisation.

(2) Nothing in this section prevents an authorisation from being cancelled at the request of the authorisation holder.

s 13: Am 2000 No 60, Sch 1.3 [2]. Subst 2021 No 34, Sch 4[3].