Part 2Consent and conditions regime
Enforcement: Administrative penalties
52Administrative penalties for late filing
The regulator may require a person to pay an administrative penalty if the person files, provides, or produces a document required by or under this Act, regulations, or a term or condition of a consent, an exemption, an exemption certificate, a direction order, an interim direction order, a prohibition order, or a disposal order with the regulator after the time when the document must be filed, provided, or produced.
The regulator may refuse to accept the document if the penalty has not been paid.
The penalty is recoverable by the regulator in any court of competent jurisdiction as a debt due to the Crown.
Notes
- Section 52(1): amended, on , by section 45 of the Overseas Investment (Urgent Measures) Amendment Act 2020 (2020 No 21).