Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If the Inspector - General considers that a person has contravened a requirement of the Water Markets Data Standards, the Inspector - General may give the person a notice requiring the person to rectify the contravention, and comply with that requirement, within the time specified in the notice.
(2) If a person would have contravened a requirement of the Water Markets Data Standards, but does not contravene the requirement only because, in purportedly complying with the requirement, the person:
(a) acted in good faith; and
(b) exercised a reasonable degree of care and diligence.
the Inspector - General may give the person a notice requiring the person to comply with the requirement within the time specified in the notice.
(3) A person must not fail to comply with a notice given to the person under this section.
Civil penalty: 60 penalty units.
(4) This section applies only to the extent that the contravention relates to water markets information.