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INSURANCE ACT 1973 - SECT 62D Persons to comply with requirements of APRA or the inspector

INSURANCE ACT 1973 - SECT 62D

Persons to comply with requirements of APRA or the inspector

  (1)   A person commits an offence if:

  (a)   a requirement of APRA or the inspector under section   62C is applicable to the person; and

  (b)   the person refuses or fails to comply with the requirement to the extent to which the person is able to comply with it.

Penalty:   50 penalty units or imprisonment for 3 months, or both.

  (2)   A person is not excused from complying with a requirement under section   62C on the ground that doing so might tend to incriminate the person.

  (3)   However, if the person is:

  (a)   an individual; and

  (b)   is required to answer questions under section   62C; and

  (c)   before answering the questions, the person informs APRA or the inspector that doing so might tend to incriminate him or her;

the questions or answers are not admissible in evidence against him or her in criminal proceedings other than a prosecution for:

  (d)   an offence against subsection   (1); or

  (e)   an offence against section   137.1 or 137.2 of the Criminal Code that relates to this section.