47AOffence for registered person to fail to disclose certain matters under a corresponding law

47A Offence for registered person to fail to disclose certain matters under a corresponding law

[Section 47A Inserted by No. 24 of 2025, s. 7, Applied:27 Nov 2025]

(1)  A registered person must notify the Registrar if the person –

(a) is subject to a determination, under a corresponding law, that is equivalent to a determination under section 18(4) of this Act; or

(b) is issued with the equivalent of a negative notice under a corresponding law; or

(c) is registered under a corresponding law and that registration is or has been suspended, or cancelled, under the corresponding law.

Penalty:  Fine not exceeding 50 penalty units.

(2)  Notification under subsection (1) must be made to the Registrar –

(a) in writing; and

(b) within 10 working days after the registered person becomes aware of the action taken under the corresponding law to which the notification relates.