Which of the following is a remedy or penalty that may be imposed for a breach of the National Credit Code?

Question

Quizplus · Accepted Answer

A civil penalty of up to $500,000 for each breach is a remedy or penalty that may be imposed for a breach of the National Credit Code. This penalty can only be imposed if the application is made by a credit provider or ASIC. The other options listed, such as withdrawal of a credit provider's license and criminal penalties, may also be potential remedies, but they are not listed as options in this question. The requirement to apologize and offer compensation through public advertisements is not a typical remedy for a breach of the National Credit Code.

Which of the Following Is a Remedy or Penalty That