27  Rules may exempt from requirement to give notice or information

•   The rules may provide that this Division, or specified provisions of this Division, do not apply in relation to:

  • (a)

    any entity; or

  • (b)

    specified classes of entities; or

  • (c)

    specified entities;

  either generally or in specified circumstances.

  Note: An entity that wishes to rely on an exemption in the rules in relation to a contravention of section 23 or 24 bears an evidential burden (see section 96 of the Regulatory Powers Act).