(1) An entity commits an offence if:
(a) the entity is required to give a report to the Secretary under subsection 42(1); and
(b) the entity does not give the report to the Secretary as required by that subsection.
Note 1: If the entity is a body corporate, the maximum penalty that may be imposed is 2,500 penalty units: see subsection 4B(3) of the Crimes Act 1914 .
Note 2: For the value of a penalty unit, see subsection 4AA(1) of the Crimes Act 1914 .
(2) Section 4K of the Crimes Act 1914 does not apply to an offence against subsection (1).