Commonwealth Consolidated Acts

INSURANCE ACT 1973 - SECT 14

             (1)  A general insurer commits an offence if:

                     (a)  the insurer does an act or fails to do an act; and

                     (b)  doing the act or failing to do the act results in a contravention of a condition of the insurer's authorisation under section 12; and

                     (c)  there is no determination in force under subsection 7(1) that this subsection does not apply to the insurer .

Maximum penalty:    300 penalty units.

          (1A)  If an individual:

                     (a)  commits an offence against subsection (1) because of Part 2.4 of the Criminal Code ; or

                     (b)  commits an offence under Part 2.4 of the Criminal Code in relation to an offence against subsection (1);

he or she is punishable, on conviction, by a fine not exceeding 60 penalty units.

             (2)  An offence against this section is an offence of strict liability.

Note 1:       For strict liability , see section 6.1 of the Criminal Code .

Note 2:       Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.