Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Secretary may give a nominee of a person a notice that requires the nominee to inform the Department if:
(a) either:
(i) an event or change of circumstances happens; or
(ii) the nominee becomes aware that an event or change of circumstances is likely to happen; and
(b) the event or change of circumstances is likely to affect:
(i) the ability of the nominee to act as the payment nominee or correspondence nominee of the person (as the case may be); or
(ii) the ability of the Secretary to give notices to the nominee under this Act; or
(iii) the ability of the nominee to comply with notices given to the nominee by the Secretary under this Act.
(2) A notice under subsection (1):
(a) must be in writing; and
(b) may be given personally or by post or by any other means approved by the Secretary; and
(c) must specify how the nominee is to give the information to the Department; and
(d) must specify the period within which the nominee is to give the information to the Department.
(3) A notice under subsection (1) is not ineffective just because it does not comply with paragraph (2)(c).
(4) The period specified under paragraph (2)(d) must not end earlier than 14 days after:
(a) the day on which the event or change of circumstances happens; or
(b) the day on which the nominee becomes aware that the event or change of circumstances is likely to happen.
(5) Subsection (4) does not apply to a requirement in a notice for a nominee to inform the Department of any proposal by the nominee to leave Australia.
(6) This section extends to:
(a) acts, omissions, matters and things outside Australia, whether or not in a foreign country; and
(b) all persons, irrespective of their nationality or citizenship.