35Notification of breach of conditions

#### 35 Notification of breach of conditions (1) An RSA institution must, as soon as practicable, and in any event within 30 days, after becoming aware of a contravention of a condition to which the approval of the RSA institution is subject, give APRA a written notice setting out particulars of the contravention. (2) An RSA institution must not, without reasonable excuse, contravene subsection (1). Penalty: 250 penalty units. (3) Subsection (2) is an offence of strict liability. > Note 1: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility. > Note 2: For strict liability, see section 6.1 of the Criminal Code.