10BCompliance notice

#### 10B Compliance notice 10B Compliance notice > > (1) If a statutory default occurs, IPART may give written notice (a compliance notice) to the alleged defaulter specifying the default and requiring the alleged defaulter to take specified action, within a period specified in the notice, to remedy or mitigate the consequences of the default or to prevent the continuance or recurrence of the default. > > > (2) Without limiting the action that may be specified, a compliance notice may— > > > > > (a) require a notice to be given to customers or to be published, or > > > > > (b) require an audit and compliance program to be undertaken, or > > > > > (c) require a training program to be undertaken. > > > (3) If the alleged defaulter fails to take the specified action within the time allowed in the notice, the alleged defaulter is guilty of an offence. > > > > Maximum penalty— > > > > > (a) for a corporation—18,000 penalty units, or > > > > > (b) for an individual—3,500 penalty units. > > > (4) IPART is not required to give an alleged defaulter an opportunity to make submissions on a compliance notice or proposed compliance notice before it is given despite a requirement of the rules of procedural fairness. > > **s 10B:** Ins 2021 No 26, Sch 1\[4\].