Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001
 
No. 117, 2001

 
 
 
 
Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001
 
No. 117, 2001
 
 
 
 
An Act relating to the application of the Criminal Code to certain offences, and for other purposes
  
  
Contents
1............ Short title............................................................................................ 1
2............ Commencement.................................................................................. 1
3............ Schedule(s).......................................................................................... 2
4............ Application of amendments............................................................... 2
Schedule 1—Corporations Act 2001                                                                            3
Schedule 2—Treasury Legislation Amendment (Application of Criminal Code) Act (No. 1) 2001              21
Schedule 3—Other amendments                                                                                  21
Part 1—Financial Sector (Shareholdings) Act 1998                                         21
Part 2—Insurance Contracts Act 1984                                                                  21
Part 3—Commonwealth Places (Mirror Taxes) Act 1998                             21
Part 4—Trade Practices Act 1974                                                                          21
 

Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001
No. 117, 2001
 
 
 
An Act relating to the application of the Criminal Code to certain offences, and for other purposes
[Assented to 18 September 2001]
The Parliament of Australia enacts:
1  Short title
                   This Act may be cited as the Treasury Legislation Amendment (Application of Criminal Code) Act (No. 3) 2001.
2  Commencement
             (1)  Subject to this section, this Act commences on the day mentioned in subsection 2.2(2) of the Criminal Code.
             (2)  If the Financial Services Reform Act 2001 has commenced before the day mentioned in subsection 2.2(2) of the Criminal Code, item 2 of Schedule 1 to this Act does not commence.
             (3)  Items 179 to 182 and 189 and 190 in Schedule 1 commence on the day on which this Act receives the Royal Assent.
             (4)  Schedule 2 and Part 4 of Schedule 3 are taken to have commenced immediately after the commencement of item 14 of Schedule 1 to the Treasury Legislation Amendment (Application of Criminal Code) Act (No. 1) 2001.
             (5)  Part 1 of Schedule 3 commences on the day after the day on which this Act receives the Royal Assent.
3  Schedule(s)
                   Subject to section 2, each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
4  Application of amendments
             (1)  Each amendment made by this Act applies to acts and omissions that take place after the amendment commences.
             (2)  For the purposes of this section, if an act or omission is alleged to have taken place between 2 dates, one before and one on or after the day on which a particular amendment commences, the act or omission is alleged to have taken place before the amendment commences.
 
Schedule 1—Corporations Act 2001
  
1  Section 9
Insert:
engage in conduct means:
                     (a)  do an act; or
                     (b)  omit to perform an act.
2  Section 9
Insert:
offence based on a particular provision of this Act means, unless a contrary intention appears:
                     (a)  if that provision creates an offence—an offence against that provision, or an offence against section 1314 that relates to that provision; or
                     (b)  if section 1311 creates an offence relating to that provision—an offence against section 1311 or 1314 that relates to that provision.
3  After subsection 113(3)
Insert:
          (3A)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
4  At the end of section 115
Add:
             (3)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
5  At the end of section 117
Add:
             (6)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
6  At the end of section 123
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
7  At the end of section 136
Add:
             (6)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
8  At the end of section 139
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
9  After subsection 142(2)
Insert:
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
10  After subsection 143(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
11  At the end of section 144
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
12  At the end of section 145
Add:
             (4)  An offence based on subsection (1) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
13  At the end of section 146
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
14  At the end of section 148
Add:
             (6)  An offence based on subsection (2), (3), (4) or (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
15  At the end of section 150
Add:
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
16  After subsection 151(2)
Insert:
          (2A)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
17  At the end of section 153
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
18  Section 156
Omit all of the words after paragraph (b).
19  At the end of section 156
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
             (3)  Subsection (1) does not apply to the extent that the person is allowed or required to carry on business in this jurisdiction under the name or title under a law of the Commonwealth or a law of a State or Territory in this jurisdiction.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (3), see subsection 13.3(3) of the Criminal Code.
20  After subsection 157(2)
Insert:
          (2A)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
21  After subsection 158(2)
Insert:
          (2A)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
22  After subsection 162(3)
Insert:
          (3A)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
23  At the end of section 163
Add:
             (6)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
24  After subsection 165(2)
Insert:
          (2A)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
25  After subsection 168(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
26  Subsection 170(3)
Omit “unless the option has been granted official quotation by a securities exchange”.
27  After subsection 170(3)
Insert:
          (3A)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
          (3B)  Subsection (3) does not apply if the option has been granted official quotation by a securities exchange.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (3B), see subsection 13.3(3) of the Criminal Code.
28  At the end of section 172
Add:
             (3)  An offence based on subsection (1), (1A) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
29  Subsection 173(1)
Omit “unless the person and the company or the responsible entity agree that the person can access the information by computer”.
30  After subsection 173(1)
Insert:
          (1A)  The requirement in subsection (1) to allow the person to inspect a hard copy of the information on the register does not apply in relation to a register that is kept on a computer if the person and the company or the responsible entity agree that the person can access the information by computer.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
31  After subsection 173(9)
Insert:
          (9A)  An offence based on subsection (1), (3) or (9) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
32  At the end of section 174
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
33  Subsection 177(1)
Repeal the subsection, substitute:
             (1)  A person must not:
                     (a)  use information about a person obtained from a register kept under this Chapter to contact or send material to the person; or
                     (b)  disclose information of that kind knowing that the information is likely to be used to contact or send material to the person.
Note:          An example of using information to send material to a person is putting a person’s name and address on a mailing list for advertising material.
          (1A)  Subsection (1) does not apply if the use or disclosure of the information is:
                     (a)  relevant to the holding of the interests recorded in the register or the exercise of the rights attaching to them; or
                     (b)  approved by the company or scheme.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
          (1B)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
34  After subsection 188(2)
Insert:
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
35  At the end of subsection 188(3)
Add:
Note:          A defendant bears a legal burden in relation to a matter mentioned in subsection (3), see section 13.4 of the Criminal Code.
36  After subsection 191(1)
Insert:
          (1A)  For an offence based on subsection (1), strict liability applies to the circumstance, that the director of a company has a material personal interest in a matter that relates to the affairs of the company.
Note:          For strict liability, see section 6.1 of the Criminal Code.
37  Subsection 195(1)
Repeal the subsection, substitute:
Restrictions on voting and being present
             (1)  A director of a public company who has a material personal interest in a matter that is being considered at a directors’ meeting must not:
                     (a)  be present while the matter is being considered at the meeting; or
                     (b)  vote on the matter.
          (1A)  Subsection (1) does not apply if:
                     (a)  subsection (2) or (3) allows the director to be present; or
                     (b)  the interest does not need to be disclosed under section 191.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
          (1B)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
38  At the end of section 199B
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
39  After subsection 200B(1)
Insert:
          (1A)  For an offence based on subsection (1), strict liability applies to the circumstance, that the benefit is in connection with the person’s, or someone else’s, retirement.
Note:          For strict liability, see section 6.1 of the Criminal Code.
40  Section 200C
Omit “without member approval under section 200E”.
41  At the end of section 200C
Add:
             (2)  For an offence based on subsection (1), strict liability applies to the circumstance, that the transfer is in connection with the transfer of the whole or any part of the undertaking or property of the company.
Note:          For strict liability, see section 6.1 of the Criminal Code.
             (3)  Subsection (1) does not apply to the extent that there is member approval under section 200E.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (3), see subsection 13.3(3) of the Criminal Code.
42  At the end of section 200D
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
43  At the end of section 201D
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
44  After subsection 202B(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
45  At the end of section 203D
Add:
Strict liability offences
             (8)  An offence based on subsection (3) or (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
46  At the end of section 204A
Add:
Strict liability offences
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
47  At the end of section 204C
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
48  Subsection 205B(5)
Omit “However, the company does not need to lodge a notice if the person was an alternate director who stopped being a director in accordance with the terms of their appointment as an alternate director.”.
49  At the end of section 205B
Add:
             (6)  Subsection (5) does not apply if the person was an alternate director who stopped being a director in accordance with the terms of their appointment as an alternate director.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6), see subsection 13.3(3) of the Criminal Code.
             (7)  An offence based on subsection (1), (2), (4) or (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
50  At the end of section 205C
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
51  At the end of section 205E
Add:
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
52  At the end of section 205F
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
53  At the end of section 205G
Add:
Strict liability offences
             (9)  An offence based on subsection (1), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
54  Subsection 206A(1)
Omit “It is a defence to the contravention if the person had permission to manage the corporation under either section 206F or 206G and their conduct was within the terms of that permission.”.
55  After subsection 206A(1)
Insert:
          (1A)  For an offence based on subsection (1), strict liability applies to the circumstance, that the person is disqualified from managing corporations under this Part.
Note:          For strict liability, see section 6.1 of the Criminal Code.
          (1B)  It is a defence to a contravention of subsection (1) if the person had permission to manage the corporation under either section 206F or 206G and their conduct was within the terms of that permission.
Note:          A defendant bears an evidential burden in relation to the matters in subsection (1B), see subsection 13.3(3) of the Criminal Code.
56  At the end of section 225
Add:
             (6)  An offence based on subsection (3), (4) or (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
57  At the end of section 235
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
58  At the end of section 246B
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
59  At the end of section 246D
Add:
             (7)  An offence based on subsection (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
60  After subsection 246F(3)
Insert:
          (3A)  An offence based on subsection (1) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
61  After subsection 246G(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
62  Section 247C
Omit all the words after “inspection”.
63  At the end of section 247C
Add:
             (2)  Subsection (1) does not apply to the extent that the disclosure is to:
                     (a)  ASIC; or
                     (b)  the applicant.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (2), see subsection 13.3(3) of the Criminal Code.
             (3)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
64  After subsection 249E(4)
Insert:
          (4A)  An offence based on subsection (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
65  At the end of section 249K
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
66  At the end of section 249Z
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
67  After subsection 250A(5)
Insert:
          (5A)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
68  After subsection 250N(2)
Insert:
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
69  At the end of section 250P
Add:
             (5)  An offence based on subsection (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
70  At the end of section 250S
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
71  At the end of section 250T
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
72  After subsection 251A(5)
Insert:
          (5A)  An offence based on subsection (1), (2), (3), (4) or (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
73  At the end of section 251B
Add:
             (5)  An offence based on subsection (1), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
74  At the end of section 252C
Add:
             (5)  An offence based on subsection (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
75  At the end of section 252H
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
76  At the end of section 252X
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
77  After subsection 252Y(5)
Insert:
          (5A)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
78  After subsection 253M(3)
Insert:
          (3A)  An offence based on subsection (1), (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
79  At the end of section 253N
Add:
             (5)  An offence based on subsection (1), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
80  At the end of section 254H
Add:
             (5)  An offence based on subsection (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
81  At the end of section 254N
Add:
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
82  At the end of section 254Q
Add:
Strict liability offences
           (14)  An offence by the company based on subsection (13) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
83  After subsection 254X(2)
Insert:
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
84  At the end of section 254Y
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
85  At the end of section 259B
Add:
             (7)  An offence based on subsection (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
86  After subsection 259D(4)
Insert:
          (4A)  An offence based on subsection (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
87  After subsection 283AA(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
88  At the end of section 283AB
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
89  At the end of section 283AC
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
90  After subsection 283BH(1)
Insert:
          (1A)  The borrower commits an offence if it intentionally or recklessly contravenes subsection (1).
91  At the end of section 286
Add:
Strict liability offences
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
92  At the end of section 287
Add:
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
93  At the end of section 288
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
94  After subsection 289(2)
Insert:
          (2A)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
95  After subsection 294(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
96  After subsection 308(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
97  At the end of section 311
Add:
             (2)  For an offence based on subsection (1), strict liability applies to the conduct, notifying ASIC in writing.
Note:          For strict liability, see section 6.1 of the Criminal Code.
98  At the end of section 312
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
99  At the end of section 313
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
100  After subsection 314(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
101  At the end of section 316
Add:
             (4)  An offence based on subsection (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
102  At the end of section 317
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
103  At the end of section 318
Add:
             (5)  An offence based on subsection (1), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
104  After subsection 319(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
105  After subsection 319(5)
Insert:
          (5A)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
106  At the end of section 320
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
107  After subsection 321(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
108  At the end of section 322
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
109  At the end of section 323
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
110  At the end of section 323B
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
111  After subsection 323D(3)
Insert:
          (3A)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
112  After subsection 345(3)
Insert:
Strict liability offences
          (3A)  An offence based on subsection (1), (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
113  After subsection 346(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
114  At the end of section 428
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
115  Subsection 437C(1)
Omit “, except with the administrator’s written approval”.
116  After subsection 437C(1)
Insert:
          (1A)  Subsection (1) does not apply to the extent that the performance or exercise, or purported performance or exercise, is with the administrator’s written approval.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
          (1B)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
117  Subsection 438B(4)
Omit “, without reasonable excuse,”.
118  At the end of section 438B
Add:
             (5)  An offence based on subsection (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
             (6)  Subsection (4) does not apply to the extent that the person has a reasonable excuse.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6), see subsection 13.3(3) of the Criminal Code.
119  Subsection 438C(5)
Omit “except so far as the person is entitled, as against the company and the administrator, to retain possession of the books”.
120  At the end of section 438C
Add:
             (6)  Subsection (5) does not apply to the extent that the person is entitled, as against the company and the administrator, to retain possession of the books.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6), see subsection 13.3(3) of the Criminal Code.
             (7)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
121  Section 448B
Omit “unless he or she is a registered liquidator”.
122  At the end of section 448B
Add:
             (2)  Subsection (1) does not apply if the person is a registered liquidator.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (2), see subsection 13.3(3) of the Criminal Code.
             (3)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
123  After subsection 448C(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
124  At the end of section 450E
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
125  Subsection 471A(1)
Omit all the words after “the company”.
126  After subsection 471A(1)
Insert:
          (1A)  Subsection (1) does not apply to the extent that the performance or exercise, or purported performance or exercise, is:
                     (a)  as a liquidator appointed for the purposes of the winding up; or
                     (b)  as an administrator appointed for the purposes of an administration of the company beginning after the winding up order was made; or
                     (c)  with the liquidator’s written approval; or
                     (d)  with the approval of the Court.
Note:          A defendant bears an evidential burden in relation to the matters in subsection (1A), see subsection 13.3(3) of the Criminal Code.
127  Subsection 471A(2)
Omit all the words after “the company”.
128  After subsection 471A(2)
Insert:
          (2A)  Subsection (2) does not apply to the extent that the performance or exercise, or purported performance or exercise, is:
                     (a)  as a provisional liquidator of the company; or
                     (b)  as an administrator appointed for the purposes of an administration of the company beginning after the provisional liquidator was appointed; or
                     (c)  with the provisional liquidator’s written approval; or
                     (d)  with the approval of the Court.
Note:          A defendant bears an evidential burden in relation to the matters in subsection (2A), see subsection 13.3(3) of the Criminal Code.
          (2B)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
129  Subsections 475(9) and (10)
Repeal the subsections, substitute:
             (9)  A person must not contravene a provision of this section.
           (10)  An offence based on subsection (9) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
           (11)  Subsection (9) does not apply to the extent that the person has a reasonable excuse.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (11), see subsection 13.3(3) of the Criminal Code.
130  Subsection 486A(8)
After “must not”, insert “intentionally or recklessly”.
131  At the end of section 496
Add:
             (9)  An offence based on subsection (2), (3), (4), (5), (6), (7) or (8) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
132  After subsection 497(7)
Insert:
          (7A)  An offence based on subsection (3), (4), (5), (6) or (7) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
133  Subsection 530A(6)
Omit “, without reasonable excuse,”.
134  After subsection 530A(6)
Insert:
          (6A)  An offence based on subsection (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
          (6B)  Subsection (6) does not apply to the extent that the person has a reasonable excuse.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6B), see subsection 13.3(3) of the Criminal Code.
135  Subsection 530B(3)
Omit “hinder or obstruct”, substitute “engage in conduct that results in the hindering or obstruction of”.
136  Subsection 530B(3)
Omit “, unless the person is entitled, as against the company and the liquidator, to retain possession of the books”.
137  After subsection 530B(3)
Insert:
          (3A)  Subsection (3) does not apply if the person is entitled, as against the company and the liquidator, to retain possession of the books.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (3A), see subsection 13.3(3) of the Criminal Code.
138  Subsection 530B(6)
Omit “except so far as the person is entitled, as against the company and the liquidator, to retain possession of the books”.
139  After subsection 530B(6)
Insert:
          (6A)  Subsection (6) does not apply to the extent that the person is entitled, as against the company and the liquidator, to retain possession of the books.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6A), see subsection 13.3(3) of the Criminal Code.
          (6B)  An offence based on subsection (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
140  At the end of section 532
Add:
           (10)  An offence based on subsection (1), (2), (7), (8) or (9) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
141  At the end of section 541
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
142  Paragraph 588G(3)(a)
Repeal the paragraph, substitute:
                     (a)  a company incurs a debt at a particular time; and
                    (aa)  at that time, a person is a director of the company; and
143  After subsection 588G(3)
Insert:
          (3A)  For the purposes of an offence based on subsection (3), absolute liability applies to paragraph (3)(a).
Note:          For absolute liability, see section 6.2 of the Criminal Code.
          (3B)  For the purposes of an offence based on subsection (3), strict liability applies to paragraphs (3)(aa) and (b).
Note:          For strict liability, see section 6.1 of the Criminal Code.
144  Paragraph 590(1)(a)
Omit “, so far as the person is capable of doing so,”.
145  Paragraph 590(1)(b)
Repeal the paragraph.
146  Subparagraph 590(1)(c)(i)
Omit “fraudulently concealed or removed”, substitute “engaged in conduct that resulted in the fraudulent concealment or removal of”.
147  Subparagraph 590(1)(c)(ii)
Omit “concealed”, substitute “engaged in conduct that resulted in the concealment of”.
148  Subparagraph 590(1)(c)(iii)
Omit “fraudulently parted with, altered or made any omission in, or been”, substitute “engaged in conduct that resulted in the fraudulent parting with, alteration or making of any omission in, or being”.
149  Subparagraph 590(1)(c)(v)
Omit “fraudulently pawned, pledged or disposed”, substitute “engaged in conduct that resulted in the fraudulent pawning, pledging or disposal”.
150  Paragraph 590(1)(e)
Repeal the paragraph.
151  Paragraph 590(1)(f)
Omit “prevents”, substitute “engaged in conduct that prevented”.
152  After subsection 590(1)
Insert:
             (2)  Absolute liability applies to so much of an offence based on paragraph (1)(c), (g) or (h) as requires that an event occur within 10 years next before the relevant day or at a time on or after that day.
Note:          For absolute liability, see section 6.2 of the Criminal Code.
             (3)  Paragraph (1)(a) does not apply to the extent that the person is not capable of disclosing the information referred to in that paragraph.
Note:          A defendant bears an evidential burden in relation to the matters in subsection (3), see subsection 13.3(3) of the Criminal Code.
             (4)  A person who, being a past or present officer of a company to which this section applies, does not deliver up to, or in accordance with the directions of, the appropriate officer:
                     (a)  all the property of the company in the person’s possession; or
                     (b)  all books in the person’s possession belonging to the company (except books of which the person is entitled, as against the company and the appropriate officer, to retain possession);
contravenes this subsection.
          (4A)  A person who, being a past or present officer of a company and knowing or believing that a false debt has been proved by a person, fails for a period of one month to inform the appropriate officer of his or her knowledge or belief contravenes this subsection.
          (4B)  A person must not intentionally or recklessly fail to comply with subsection (4) or (4A).
153  After subsection 592(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
154  At the end of subsection 592(2)
Add:
Note:          A defendant bears a legal burden in relation to a matter mentioned in subsection (2), see section 13.4 of the Criminal Code.
155  After subsection 592(6)
Insert:
          (6A)  For the purposes of an offence based on subsection (6), absolute liability applies to paragraph (6)(b).
Note:          For absolute liability, see section 6.2 of the Criminal Code.
156  At the end of section 595
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
157  Paragraph 596(c)
Omit “conceals or removes”, substitute “engages in conduct that results in the concealment or removal of”.
158  At the end of section 596
Add:
             (2)  Absolute liability applies to so much of an offence based on paragraph (1)(c) as requires that an event occur after, or within 2 months before, the date of any unsatisfied judgment or order for payment of money obtained against the company or a related body corporate.
Note:          For absolute liability, see section 6.2 of the Criminal Code.
159  Subsection 597(6)
Omit “, without reasonable excuse”, substitute “intentionally or recklessly”.
160  After subsection 597(6)
Insert:
          (6A)  Subsection (6) does not apply to the extent that the person has a reasonable excuse.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6A), see subsection 13.3(3) of the Criminal Code.
161  Subsection 597(10A)
Omit “, without reasonable excuse, refuse or fail”, substitute “refuse, or intentionally or recklessly fail,”.
162  After subsection 597(10A)
Insert:
           (11)  Subsection (10A) does not apply to the extent that the person has a reasonable excuse.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (11), see subsection 13.3(3) of the Criminal Code.
163  Subsection 597A(3)
Omit “, without reasonable excuse, refuse or fail”, substitute “refuse, or intentionally or recklessly fail,”.
164  After subsection 597A(3)
Insert:
          (3A)  Subsection (3) does not apply to the extent that the person has a reasonable excuse.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (3A), see subsection 13.3(3) of the Criminal Code.
165  Subsection 601AD(5)
Omit “This does not apply to books that a liquidator has to keep under subsection 542(2).”.
166  At the end of section 601AD
Add:
             (6)  Subsection (5) does not apply to books that a liquidator has to keep under subsection 542(2).
Note:          A defendant bears an evidential burden in relation to the matter in subsection (6), see subsection 13.3(3) of the Criminal Code.
Strict liability offences
             (7)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
167  After subsection 601BC(5)
Insert:
          (5A)  An offence based on subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
168  After subsection 601BH(2)
Insert:
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
169  At the end of section 601BJ
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
170  After subsection 601BK(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
171  After subsection 601BP(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
172  At the end of section 601BR
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
173  At the end of section 601CW
Add:
           (11)  An offence based on subsection (9) or (10) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
174  After subsection 601CZB(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
175  At the end of section 601CZC
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
176  After subsection 601DD(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
177  After subsection 601DE(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
178  After subsection 601DH(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
179  Subsection 601FC(7)
Repeal the subsection.
180  Subsection 601FC(8)
Repeal the subsection.
181  Subsection 601FD(5)
Repeal the subsection.
182  Subsection 601FD(6)
Repeal the subsection.
183  At the end of section 601FF
Add:
             (3)  A person must not intentionally or recklessly fail to comply with subsection (2).
184  At the end of section 601HD
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
185  After subsection 601HG(7)
Insert:
          (7A)  An offence based on subsection (1), (3), (4), (6) or (7) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
186  After subsection 601JA(3)
Insert:
          (3A)  A person must not intentionally or recklessly fail to comply with subsection (3).
187  After subsection 601JA(4)
Insert:
          (4A)  An offence based on subsection (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
188  At the end of section 601JB
Add:
             (7)  An offence based on subsection (5) or (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
189  Subsection 601JD(5)
Repeal the subsection.
190  Subsection 601JD(6)
Repeal the subsection.
191  After subsection 601KA(3)
Insert:
          (3A)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
192  Subsection 606(1)
Omit “However, the person may acquire the relevant interest under one of the exceptions set out in section 611 without contravening this subsection.”.
193  After subsection 606(1)
Insert:
          (1A)  However, the person may acquire the relevant interest under one of the exceptions set out in section 611 without contravening subsection (1).
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
194  Subsection 606(2)
Omit “However, if the acquisition of the relevant interest is covered by one of the exceptions set out in section 611, the person may acquire the legal or equitable interest without contravening this subsection.”.
195  After subsection 606(2)
Insert:
          (2A)  However, if the acquisition of the relevant interest is covered by one of the exceptions set out in section 611, the person may acquire the legal or equitable interest without contravening subsection (2).
Note:          A defendant bears an evidential burden in relation to the matter in subsection (2A), see subsection 13.3(3) of the Criminal Code.
196  After subsection 606(4)
Insert:
Absolute liability offences
          (4A)  An offence based on subsection (1), (2) or (4) is an offence of absolute liability.
Note:          For absolute liability, see section 6.2 of the Criminal Code.
197  At the end of subsection 606(5)
Add:
Note:          A defendant bears a legal burden in relation to a matter mentioned in subsection (5), see section 13.4 of the Criminal Code.
198  After subsection 622(1)
Insert:
Strict liability offences
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
199  After subsection 623(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
200  At the end of section 624
Add:
Strict liability offences
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
201  At the end of section 630
Add:
Strict liability offences
             (6)  An offence based on subsection (2), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
202  Subsection 631(1)
Repeal the subsection, substitute:
             (1)  A person contravenes this subsection if:
                     (a)  either alone or with other persons, the person publicly proposes to make a takeover bid for securities in a company; and
                     (b)  the person does not make offers for the securities under a takeover bid within 2 months after the proposal.
The terms and conditions of the bid must be the same as or not substantially less favourable than those in the public proposal.
Note:          The Court has power under section 1325B to order a person to proceed with a bid.
          (1A)  For the purposes of an offence based on subsection (1), strict liability applies to paragraph (1)(b) and to the requirement that the terms and conditions of the bid must be the same as or not substantially less favourable than those in the public proposal.
Note:          For strict liability, see section 6.1 of the Criminal Code.
203  At the end of section 633
Add:
Strict liability offences
             (8)  An offence based on this section is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
204  At the end of section 635
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
205  At the end of section 636
Add:
Strict liability offences
             (5)  An offence based on subsection (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
206  At the end of section 637
Add:
Strict liability offences
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
207  Subsection 638(1)
Omit all the words after “the bid.”.
208  After subsection 638(1)
Insert:
          (1A)  However, the statement must contain this information:
                     (a)  only to the extent to which it is reasonable for investors and their professional advisers to expect to find the information in the statement; and
                     (b)  only if the information is known to any of the directors of the target.
Note:          A defendant bears an evidential burden in relation to the matters in subsection (1A), see subsection 13.3(3) of the Criminal Code.
209  At the end of section 638
Add:
Strict liability offences
             (7)  An offence based on subsection (1), (3), (5) or (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
210  At the end of section 639
Add:
Strict liability offences
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
211  At the end of section 640
Add:
             (3)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
212  Subsection 641(1)
Omit “However, the target does not need to give information to the bidder about a person or their holding of securities unless the target knows the person’s name.”.
213  After subsection 641(1)
Insert:
          (1A)  However, the target does not need to give information to the bidder about a person or their holding of securities unless the target knows the person’s name.
Note:          A defendant bears an evidential burden in relation to the matters in subsection (1A), see subsection 13.3(3) of the Criminal Code.
          (1B)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
214  At the end of section 643
Add:
             (2)  For an offence based on subsection (1), strict liability applies to the conduct, that the bidder must prepare a supplementary bidder’s statement that remedies the defect.
Note:          For strict liability, see section 6.1 of the Criminal Code.
215  At the end of section 644
Add:
             (2)  For an offence based on subsection (1), strict liability applies to the conduct, that the target must prepare a supplementary target’s statement that remedies the defect.
Note:          For strict liability, see section 6.1 of the Criminal Code.
216  At the end of section 647
Add:
             (4)  An offence based on subsection (1), (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
217  After subsection 648A(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
218  After subsection 648E(2)
Insert:
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
219  At the end of section 648G
Add:
           (10)  An offence based on subsection (5) or (9) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
220  At the end of section 649C
Add:
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
221  At the end of section 650B
Add:
Strict liability offences
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
222  At the end of section 650E
Add:
             (7)  An offence based on subsection (5) or (6) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
223  At the end of section 650F
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
224  At the end of section 651A
Add:
             (5)  An offence based on subsection (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
225  At the end of section 651C
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
226  At the end of section 652C
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
227  After subsection 654A(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
228  At the end of subsection 654A(2)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (2), see subsection 13.3(3) of the Criminal Code.
229  At the end of section 654C
Add:
             (4)  An offence based on subsection (1) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
230  At the end of section 657F
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
231  After subsection 661B(2)
Insert:
Strict liability offences
          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
232  At the end of section 661D
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
233  After subsection 662A(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
234  At the end of section 663A
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
235  After subsection 664D(3)
Insert:
          (3A)  An offence based on subsection (1), (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
236  At the end of section 664E
Add:
             (5)  An offence based on subsection (2), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
237  At the end of section 665A
Add:
             (3)  An offence based on subsection (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
238  At the end of section 665D
Add:
Strict liability offences
             (5)  An offence based on subsection (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
239  At the end of section 665E
Add:
             (4)  An offence based on this section is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
240  After subsection 666A(1)
Insert:
Strict liability offences
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
241  At the end of section 666B
Add:
             (4)  An offence based on subsection (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
242  At the end of section 667A
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
243  At the end of section 668A
Add:
             (5)  An offence based on subsection (1), (2), (3) or (4) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
244  After subsection 668B(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
245  At the end of section 670C
Add:
             (4)  An offence based on subsection (1), (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
246  After subsection 671B(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
247  Subsection 672B(1)
Omit “A matter referred to in paragraph (b) or (c) need only be disclosed to the extent to which it is known to the person required to make the disclosure.”.
248  After subsection 672B(1)
Insert:
          (1A)  However, a matter referred to in paragraph (1)(b) or (c) need only be disclosed to the extent to which it is known to the person required to make the disclosure.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
          (1B)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
249  Subsection 721(1)
Omit “unless subsection (2) allows a profile statement to be used instead”.
250  After subsection 721(1)
Insert:
          (1A)  Subsection (1) does not apply to the extent that subsection (2) allows a profile statement to be used instead of a prospectus.
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
251  At the end of section 721
Add:
Offence
             (5)  A person commits an offence if the person intentionally or recklessly contravenes subsection (1) or (4).
252  At the end of section 722
Add:
             (3)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
253  At the end of section 723
Add:
Strict liability offences
             (4)  An offence based on subsection (1), (2) or (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
254  After subsection 724(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
255  After subsection 725(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
256  At the end of section 730
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
257  Subsection 734(2)
Omit all of the words after paragraph (b).
258  After subsection 734(2)
Insert:
          (2A)  Subsection (2) does not apply if the advertisement or publication is authorised by subsection (4), (5), (6) or (7).
Note:          A defendant bears an evidential burden in relation to the matter in subsection (2A), see subsection 13.3(3) of the Criminal Code.
Strict liability offences
          (2B)  An offence based on subsection (1) or (2) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
259  At the end of section 735
Add:
             (2)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
260  Subsection 736(1)
Omit all of the words after paragraph (b).
261  After subsection 736(1)
Insert:
          (1A)  Subsection (1) does not apply if the offer is exempted under subsection (2).
Note:          A defendant bears an evidential burden in relation to the matter in subsection (1A), see subsection 13.3(3) of the Criminal Code.
          (1B)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
262  At the end of section 1274
Add:
           (17)  An offence based on subsection (9), (13) or (16) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
263  After subsection 1300(2A)
Insert:
          (2B)  An offence based on subsection (2A) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
264  At the end of section 1300
Add:
             (4)  An offence based on subsection (3) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
265  After subsection 1302(5)
Insert:
             (6)  An offence based on subsection (3) or (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
266  Subsection 1307(1)
Omit “conceals, destroys, mutilates or falsifies”, substitute “engages in conduct that results in the concealment, destruction, mutilation or falsification of”.
267  Paragraph 1307(2)(b)
Omit “destroys, removes or falsifies”, substitute “engages in conduct that results in the destruction, removal or falsification of”.
268  At the end of subsection 1307(3)
Add:
Note:          A defendant bears a legal burden in relation to the matter mentioned in subsection (3), see section 13.4 of the Criminal Code.
269  Before Division 1 of Part 9.4 of Chapter 9
Insert:
Division 1A—Application of the Criminal Code
1308A  Application of Criminal Code
                   Subject to this Act, Chapter 2 of the Criminal Code applies to all offences against this Act.
270  After subsection 1308(1)
Insert:
          (1A)  An offence based on subsection (1) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
271  At the end of subsection 1311(1)
Add:
Note:          Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
272  At the end of section 1311
Add:
             (6)  An offence based on subsection (1) for which the penalty is set out in subsection (5) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
273  At the end of section 1323
Add:
           (10)  An offence based on subsection (9) is an offence of strict liability.
Note:          For strict liability, see section 6.1 of the Criminal Code.
274  Schedule 3 (table item 8)
Omit “Section 139”, substitute “Subsection 139(1)”.
275  Schedule 3 (table item 13)
Omit “Section 146”, substitute “Subsection 146(1)”.
276  Schedule 3 (table item 18)
Omit “Section 156”, substitute “Subsection 156(1)”.
277  Schedule 3 (table item 28)
Omit “Section 174”, substitute “Subsection 174(1)”.
278  Schedule 3 (table item 34)
Omit “Section 199B”, substitute “Subsection 199B(1)”.
279  Schedule 3 (table item 36)
Omit “Section 200C”, substitute “Subsection 200C(1)”.
280  Schedule 3 (table item 47)
Omit “Section 205F”, substitute “Subsection 205F(1)”.
281  Schedule 3 (table item 99)
Omit “Section 286”, substitute “Subsections 286(1) and (2)”.
282  Schedule 3 (table item 105)
Omit “Section 311”, substitute “Subsection 311(1)”.
283  Schedule 3 (table item 106)
Omit “Section 312”, substitute “Subsection 312(1)”.
284  Schedule 3 (table item 110)
Omit “Section 317”, substitute “Subsection 317(1)”.
285  Schedule 3 (table item 114)
Omit “Section 323”, substitute “Subsection 323(1)”.
286  Schedule 3 (table item 115)
Omit “Section 323B”, substitute “Subsection 323B(1)”.
287  Schedule 3 (table item 125)
Omit “Section 448B”, substitute “Subsection 448B(1)”.
288  Schedule 3 (table item 137)
Omit “Section 541”, substitute “Subsection 541(1)”.
289  Schedule 3 (table item 143)
Omit “Section 595”, substitute “Subsection 595(1)”.
290  Schedule 3 (table item 144)
Omit “Section 596”, substitute “Subsection 596(1)”.
291  Schedule 3 (table item 156)
Omit “Section 601BR”, substitute “Subsection 601BR(1)”.
292  Schedule 3 (table item 160)
Omit “Section 601DD”, substitute “Subsection 601DD(1)”.
293  Schedule 3 (table item 161)
Omit “Section 601DE”, substitute “Subsection 601DE(1)”.
294  Schedule 3 (table item 164)
Omit “Subsection 601FF(2)”, substitute “Subsection 601FF(3)”.
295  Schedule 3 (table item 168)
Omit “Section 601HD”, substitute “Subsection 601HD(1)”.
296  Schedule 3 (table item 170)
Omit “Subsection 601JA(1)”, substitute “Subsection 601JA(3)”.
297  Schedule 3 (table item 171)
Omit “Section 601JA”, substitute “Subsection 601JA(4)”.
298  Schedule 3 (table item 185)
Omit “Section 635”, substitute “Subsection 635(1)”.
299  Schedule 3 (table item 212)
Omit “Section 657F”, substitute “Subsection 657F(1)”.
300  Schedule 3 (table item 213)
Omit “Section 661D”, substitute “Subsection 661D(1)”.
301  Schedule 3 (table item 215)
Omit “Section 663A”, substitute “Subsection 663A(1)”.
302  Schedule 3 (table item 230)
Omit “Subsection 721(1)”, substitute “Subsection 721(5)”.
303  Schedule 3 (table item 231)
Repeal the item.
304  Schedule 3 (table item 241)
Omit “Section 730”, substitute “Subsection 730(1)”.
305  Schedule 3 (table item 244)
Omit “Section 735”, substitute “Subsection 735(1)”.
306  At the end of Schedule 3
Add:
Note:          Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
 
Schedule 2—Treasury Legislation Amendment (Application of Criminal Code) Act (No. 1) 2001
  
1  Item 14 of Schedule 1
Repeal the item.
2  Item 42 of Schedule 1
Repeal the item.
3  Item 46 of Schedule 1
Repeal the item.
4  Item 52 of Schedule 1
Repeal the item.
5  Item 57 of Schedule 1
Repeal the item.
6  Item 91 of Schedule 1
Repeal the item.
7  Item 96 of Schedule 1
Repeal the item.
8  Item 98 of Schedule 1
Repeal the item.
9  Item 100 of Schedule 1
Repeal the item.
10  Item 102 of Schedule 1
Repeal the item.
11  Item 104 of Schedule 1
Repeal the item.
12  Item 106 of Schedule 1
Repeal the item.
13  Item 109 of Schedule 1
Repeal the item.
14  Item 111 of Schedule 1
Repeal the item.
15  Item 113 of Schedule 1
Repeal the item.
16  Item 117 of Schedule 1
Repeal the item.
17  Item 119 of Schedule 1
Repeal the item.
18  Item 122 of Schedule 1
Repeal the item.
19  Item 124 of Schedule 1
Repeal the item.
20  Item 126 of Schedule 1
Repeal the item.
21  Item 128 of Schedule 1
Repeal the item.
22  Item 130 of Schedule 1
Repeal the item.
23  Item 134 of Schedule 1
Repeal the item.
24  Item 144 of Schedule 1
Repeal the item.
25  Item 145 of Schedule 1
Repeal the item, substitute:
145  Section 115
Repeal the section, substitute:
115  Compliance with requirements made under this Act
                   A person must not intentionally or recklessly refuse or fail to comply with a requirement of the Regulator, an authorised person or an inspector under this Act.
Penalty:  30 penalty units.
Note:          Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
26  Item 147 of Schedule 1
Repeal the item.
27  Item 149 of Schedule 1
Repeal the item.
28  Item 151 of Schedule 1
Repeal the item.
29  Item 153 of Schedule 1
Repeal the item.
30  Item 155 of Schedule 1
Repeal the item.
31  Item 159 of Schedule 1
Repeal the item.
32  Item 161 of Schedule 1
Repeal the item.
33  Item 166 of Schedule 1
Repeal the item.
34  Item 170 of Schedule 1
Repeal the item.
35  Item 174 of Schedule 1
Repeal the item.
36  Item 178 of Schedule 1
Repeal the item.
37  Item 180 of Schedule 1
Repeal the item.
38  Item 183 of Schedule 1
Repeal the item.
39  Item 186 of Schedule 1
Repeal the item.
40  Item 188 of Schedule 1
Repeal the item.
41  Item 190 of Schedule 1
Repeal the item.
42  Item 197 of Schedule 1
Repeal the item.
43  Item 204 of Schedule 1
Repeal the item.
44  Item 217 of Schedule 1
Repeal the item.
45  Item 218 of Schedule 1
Repeal the item, substitute:
218  Section 285
Repeal the section, substitute:
285  Compliance with requirements made under this Act
                   A person must not intentionally or recklessly refuse or fail to comply with a requirement of the Regulator, an authorised person or an inspector under this Act.
Penalty: 
                     (a)  in respect of a requirement under subsection 264(3) or (4)—imprisonment for 2 years; or
                     (b)  otherwise—30 penalty units.
Note:          Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
46  Item 220 of Schedule 1
Repeal the item.
47  Item 223 of Schedule 1
Repeal the item.
48  Item 225 of Schedule 1
Repeal the item.
49  Item 229 of Schedule 1
Repeal the item.
50  Item 231 of Schedule 1
Repeal the item.
51  Item 233 of Schedule 1
Repeal the item.
52  Item 235 of Schedule 1
Repeal the item.
53  Item 237 of Schedule 1
Repeal the item.
54  Item 239 of Schedule 1
Repeal the item.
 
Schedule 3—Other amendments
Part 1—Financial Sector (Shareholdings) Act 1998
1  Subsection 24(4)
Repeal the subsection.
2  Subsection 24(5)
Repeal the subsection.
3  Subsection 26(4A)
Repeal the subsection.
4  Subsection 26(4B)
Repeal the subsection.
 
Part 2—Insurance Contracts Act 1984
5  At the end of Part I
Add:
11AA  Application of the Criminal Code
                   Chapter 2 of the Criminal Code applies to all offences against this Act.
Note:          Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
6  After subsection 11C(2)
Insert:
          (2A)  An offence against subsection (2) is a strict liability offence.
Note:          For strict liability, see section 6.1 of the Criminal Code.
7  At the end of subsection 11C(3)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (3), see subsection 13.3(3) of the Criminal Code.
8  At the end of subsection 11C(4)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (4) (see subsection 13.3(3) of the Criminal Code.
9  After subsection 11D(3)
Insert:
          (3A)  An offence against subsection (3) is a strict liability offence.
Note:          For strict liability, see section 6.1 of the Criminal Code.
10  At the end of subsection 11D(4)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (4), see subsection 13.3(3) of the Criminal Code.
11  At the end of subsection 11D(5)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (5), see subsection 13.3(3) of the Criminal Code.
12  At the end of subsection 74(2)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (2), see subsection 13.3(3) of the Criminal Code.
13  At the end of subsection 75(3)
Add:
Note:          A defendant bears an evidential burden in relation to the matters in subsection (3), see subsection 13.3(3) of the Criminal Code.
14  At the end of subsection 75(7)
Add:
Note:          A defendant bears a legal burden in relation to a matter mentioned in subsection (7), see section 13.4 of the Criminal Code.
 
Part 3—Commonwealth Places (Mirror Taxes) Act 1998
15  After subsection 20(1)
Insert:
          (1A)  To avoid doubt, Chapter 2 of the Criminal Code does not apply in relation to, or in relation to anything done under, an applied law.
Part 4—Trade Practices Act 1974
16  Subsection 6(6)
Omit “400”, substitute “2,000”.
17  Subsection 75AZC(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
18  Subsection 75AZD(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
19  Subsection 75AZD(2)
Omit “2,000”, substitute “10,000”.
20  At the end of subsection 75AZD(2)
Add:
Note 1:       The penalty specified in subsection (2) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (2) to a person other than a corporation (and the corresponding penalty), see section 6.
21  Subsection 75AZD(3)
Omit “2,000”, substitute “10,000”.
22  At the end of subsection 75AZD(3)
Add:
Note 1:       The penalty specified in subsection (3) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (3) to a person other than a corporation (and the corresponding penalty), see section 6.
23  Subsection 75AZE(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
24  Subsection 75AZF(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
25  Subsection 75AZG(1)
Omit “2,000”, substitute “10,000”.
26  At the end of subsection 75AZG(1)
Add:
Note 1:       The penalty specified in subsection (1) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (1) to a person other than a corporation (and the corresponding penalty), see section 6.
27  Subsection 75AZH(1) (penalty)
Repeal the penalty, substitute:
Penalty:  2,000 penalty units.
Note:          If a corporation is convicted of an offence under this subsection, subsection 4B(3) of the Crimes Act 1914 allows the Court to impose a fine that is not greater than 5 times the maximum fine that could be imposed by the Court on an individual convicted of the offence.
28  Subsection 75AZI(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
29  Subsection 75AZJ(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
30  Subsection 75AZJ(2) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
31  Subsection 75AZK(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
32  Subsection 75AZL(1)
Omit “2,000”, substitute “10,000”.
33  At the end of subsection 75AZL(1)
Add:
Note 1:       The penalty specified in subsection (1) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (1) to a person other than a corporation (and the corresponding penalty), see section 6.
34  Subsection 75AZL(3)
Omit “2,000”, substitute “10,000”.
35  At the end of subsection 75AZL(3)
Add:
Note 1:       The penalty specified in subsection (3) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (3) to a person other than a corporation (and the corresponding penalty), see section 6.
36  Subsection 75AZM(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
37  Subsection 75AZM(2) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
38  Subsection 75AZN(1)
Omit “2,000”, substitute “10,000”.
39  At the end of subsection 75AZN(1)
Add:
Note 1:       The penalty specified in subsection (1) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (1) to a person other than a corporation (and the corresponding penalty), see section 6.
40  Subsection 75AZO(1)
Omit “2,000”, substitute “10,000”.
41  At the end of subsection 75AZO(1)
Add:
Note 1:       The penalty specified in subsection (1) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (1) to a person other than a corporation (and the corresponding penalty), see section 6.
42  Subsection 75AZO(2)
Omit “2,000”, substitute “10,000”.
43  At the end of subsection 75AZO(2)
Add:
Note 1:       The penalty specified in subsection (2) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (2) to a person other than a corporation (and the corresponding penalty), see section 6.
44  Subsection 75AZO(3)
Omit “2,000”, substitute “10,000”.
45  At the end of subsection 75AZO(3)
Add:
Note 1:       The penalty specified in subsection (3) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (3) to a person other than a corporation (and the corresponding penalty), see section 6.
46  Subsection 75AZP(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
47  Subsection 75AZP(5) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
48  Subsection 75AZQ(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
49  Subsection 75AZQ(4) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
50  Subsection 75AZS(1)
Omit “2,000”, substitute “10,000”.
51  At the end of subsection 75AZS(1)
Add:
Note 1:       The penalty specified in subsection (1) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (1) to a person other than a corporation (and the corresponding penalty), see section 6.
52  Subsection 75AZS(3) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
53  Subsection 75AZT(1)
Omit “2,000”, substitute “10,000”.
54  At the end of subsection 75AZT(1)
Add:
Note 1:       The penalty specified in subsection (1) is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of the offence in subsection (1) to a person other than a corporation (and the corresponding penalty), see section 6.
55  Subsection 75AZU(1) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
56  Subsection 75AZU(2) (penalty)
Repeal the penalty, substitute:
Penalty:  10,000 penalty units.
Note 1:       The penalty specified above is the maximum penalty that may be imposed on a corporation: subsection 4B(3) of the Crimes Act 1914 does not apply.
Note 2:       For the application of this offence to a person other than a corporation (and the corresponding penalty), see section 6.
 
 
 
[Minister’s second reading speech made in—
House of Representatives on 28 June 2001
Senate on 29 August 2001]
 
(127/01)