33Contravening person still subject to regulated entity obligations

33 Contravening person still subject to regulated entity obligations

(1)  Where a person is undertaking an activity for which that person is required to be licensed pursuant to section 30 and that person does not hold a licence to undertake that activity, this Act and any standard licence obligations declared by the Regulator under subsection (2) , including any penalties for non-compliance, apply as if that person held a licence in relation to that activity.

(2)  The Regulator, by notice published in the Gazette, may declare standard licence obligations for the purposes of this section.

(3)  Subsection (1) does not apply to a person who is deemed to be licensed under section 32 .