56Failure of key employee to provide required information

56 Failure of key employee to provide required information

56 Failure of key employee to provide required information

(1) The Minister may, if a key employee refuses or fails to comply with a requirement of a notice served on the key employee under section 55, by notice in writing, direct—

(a) the licensee, or

(b) any other appropriate person,

to terminate immediately and not to renew the employment or arrangement by reason of which the key employee is a key employee of the licensee or other person.

(2) A person who does not give effect to a direction given to the person under this section is guilty of an offence.

Maximum penalty—100 penalty units.