I'm no legal eagle, but it appears that if they accept liability there is another punishment?
Failure to comply with this subsection is an offence (see subsection 1311(1))
but what said punishment is, seems to vary.
I would imagine paying the fee would make sense as far as getting it over and done with, but what the associated punishment or ASIC requirements are accompanying that, it doesn't make sense to me.
Obviously, it doesn't make sense to them either.
BPG Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
