Simplified outline of this Division
The Minister may make a code for each regulated sector. Each code is to include sector‑specific provisions for the following overarching principles of the Scams Prevention Framework (see Subdivisions B, C, D, F and G of Division 2): (a) SPF principle 1—governance; (b) SPF principle 2—prevent; (c) SPF principle 3—detect; (d) SPF principle 5—disrupt; (e) SPF principle 6—respond. Requirements in a code can be civil penalty provisions. The relevant SPF sector regulator will monitor, investigate and enforce compliance with these provisions. Division 6 sets out remedies for non‑compliance with these provisions.
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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