Simplified outline of this Subdivision
Each regulated entity for a regulated sector must take reasonable steps to detect scams. This includes: (a) investigating, in a timely way, activities that are the subjects of its actionable scam intelligence; and (b) identifying, in a timely way, its consumers that have or may have been impacted by such activities. The SPF code for the sector may include sector‑specific provisions for this principle.
Sourced from the Federal Register of Legislation at 22 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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