34Annual report to be given to Secretary

34 Annual report to be given to Secretary

34 Annual report to be given to Secretary

(1) A licensee for a pipeline must, for each financial year during which the licence is in force, give a written report (an annual report) to the Secretary in accordance with this division.

Maximum penalty—

(a) for a corporation—2,000 penalty units, or

(b) for an individual—400 penalty units.

(2) The annual report for a financial year must be given to the Secretary—

(a) within 2 months after the end of the financial year, or

(b) if the Secretary approves a later date—by the later date.

s 34: Am 2025 (675), Sch 1[40].