Section 1369 — Corporations Act 2001: Penalty notices

(1) The regulations: (a) may prescribe offences against this Act (not being offences the penalties applicable to which include a term of imprisonment or a pecuniary penalty that exceeds $1,000), or offences against the regulations, for the purposes of Part 9.4AB; and (b) must, in relation to each offence that is prescribed under this subsection: (i) prescribe the particulars of that offence that are to be given in a notice served on a person under that section in relation to the offence; and (ii) prescribe the amount of the penalty (being not more than half the amount of the penalty applicable to the offence) that is payable in respect of the offence under a notice served on a person under that section in relation to the offence. (2) In subsection (1), a reference to a penalty applicable to an offence is a reference to the penalty that is applicable to that offence because of any of the provisions of sections 1311B and 1311C. (3) The particulars of an offence required to be prescribed by subparagraph (1)(b)(i) may be prescribed by being set out in the form prescribed for the purposes of Part 9.4AB in relation to the offence.