CTHRepealedLegislation
National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010
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National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010
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Turn the raw legal text into a practical explanation grounded in National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010.
27 Withdrawal of infringement notice by ASIC
(1) ASIC may withdraw an infringement notice given by ASIC without an application under regulation 26 having been made.
(2) Without limiting subregulation (1), ASIC may withdraw the infringement notice after taking into account a matter mentioned in paragraph 26 (4) (a), (b), (c) or (d).