Commonwealth Consolidated Regulations

NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 15

    For paragraph   55(2)(e) of the Act, the following are matters that ASIC must have regard to:

  (a)   a licensee failing to lodge an annual compliance certificate under section   53 of the Act;

  (b)   a licensee lodging an annual compliance certificate that contains information that:

  (i)   is false or misleading; or

  (ii)   can not reasonably be believed to be true by the person signing the certificate under subsection   53(3) of the Act.