sec.25AAuthorised officer may require information about licensed dealer’s associates

### sec.25A Authorised officer may require information about licensed dealer’s associates An authorised officer may, by written notice, require a licensed dealer to give a declaration to the authorised officer in the approved form— if the dealer did not previously have an associate and now has an associate or the dealer’s associates have changed, advising the name and address of each associate of the dealer and details of the associate’s relevant financial interest, relevant power or relevant position in the dealer’s business; or if paragraph (a) does not apply, advising the associates of the dealer have not changed since the dealer— most recently applied for the dealer’s licence or renewal of the licence; or advised an officer, and delivered the licence to the officer, as required under section 24 (1) ; or gave a declaration under this section to the authorised officer. The licensed dealer must give the declaration as required under subsection (1) within 7 days after the written notice is given to the dealer, unless the dealer has a reasonable excuse. Maximum penalty—100 penalty units. A licensed dealer who is required to give a declaration to an authorised officer under subsection (1) and gives a declaration under the subsection with information about— the dealer’s associates; or details of the dealer’s associates; or a change in the dealer’s associates; can not be prosecuted for a failure to disclose that information before the authorised officer made that requirement. It is not a reasonable excuse for subsection (2) that giving the declaration as mentioned in the subsection may incriminate the person for an offence for which the person can not be prosecuted under subsection (3) . s 25A ins 2003 No. 37 s 19 (sec.25A-ssec.1) An authorised officer may, by written notice, require a licensed dealer to give a declaration to the authorised officer in the approved form— if the dealer did not previously have an associate and now has an associate or the dealer’s associates have changed, advising the name and address of each associate of the dealer and details of the associate’s relevant financial interest, relevant power or relevant position in the dealer’s business; or if paragraph (a) does not apply, advising the associates of the dealer have not changed since the dealer— most recently applied for the dealer’s licence or renewal of the licence; or advised an officer, and delivered the licence to the officer, as required under section 24 (1) ; or gave a declaration under this section to the authorised officer. (sec.25A-ssec.2) The licensed dealer must give the declaration as required under subsection (1) within 7 days after the written notice is given to the dealer, unless the dealer has a reasonable excuse. Maximum penalty—100 penalty units. (sec.25A-ssec.3) A licensed dealer who is required to give a declaration to an authorised officer under subsection (1) and gives a declaration under the subsection with information about— the dealer’s associates; or details of the dealer’s associates; or a change in the dealer’s associates; can not be prosecuted for a failure to disclose that information before the authorised officer made that requirement. (sec.25A-ssec.4) It is not a reasonable excuse for subsection (2) that giving the declaration as mentioned in the subsection may incriminate the person for an offence for which the person can not be prosecuted under subsection (3) . - (a) if the dealer did not previously have an associate and now has an associate or the dealer’s associates have changed, advising the name and address of each associate of the dealer and details of the associate’s relevant financial interest, relevant power or relevant position in the dealer’s business; or - (b) if paragraph (a) does not apply, advising the associates of the dealer have not changed since the dealer— (i) most recently applied for the dealer’s licence or renewal of the licence; or (ii) advised an officer, and delivered the licence to the officer, as required under section 24 (1) ; or (iii) gave a declaration under this section to the authorised officer. - (i) most recently applied for the dealer’s licence or renewal of the licence; or - (ii) advised an officer, and delivered the licence to the officer, as required under section 24 (1) ; or - (iii) gave a declaration under this section to the authorised officer. - (i) most recently applied for the dealer’s licence or renewal of the licence; or - (ii) advised an officer, and delivered the licence to the officer, as required under section 24 (1) ; or - (iii) gave a declaration under this section to the authorised officer. - (a) the dealer’s associates; or - (b) details of the dealer’s associates; or - (c) a change in the dealer’s associates;