Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The holder of an approved arrangement must comply with subsection (2) if:
(a) the holder becomes aware that information included in an application made by the holder under this Chapter, or information or a document given to the Secretary in relation to such an application, was incomplete or incorrect; or
(b) a change prescribed by the rules occurs.
(2) The holder of the approved arrangement must, as soon as practicable, give the Secretary additional or corrected information, to the extent that it is relevant to assessing whether:
(a) the requirements of this Act in relation to a matter covered by the approved arrangement have been, are being, or will be complied with; or
(b) importing country requirements relating to a matter covered by the approved arrangement have been, are being, or will be met.
Note 1: A person may commit an offence or be liable to a civil penalty if the person makes a false or misleading statement in an application or provides false or misleading information or documents (see sections 136.1, 137.1 and 137.2 of the Criminal Code and sections 367, 368 and 369 of this Act).
Note 2: The Secretary may suspend or revoke the approved arrangement if the holder fails to comply with this subsection (see paragraphs 171(1)(k) and 179(1)(k)).
Note 3: This section is not subject to the privilege against self - incrimination (see section 426).
(3) A person is liable to a civil penalty if:
(a) the person is required to give information to the Secretary under subsection (2); and
(b) the person fails to comply with the requirement.
Civil penalty: 60 penalty units.