INSURANCE (AGENTS AND BROKERS) ACT 1984

Table of Provisions

• 1 Short title.  
• 2 Commencement  
• 3 Crown to be bound  
• 4 Extension to external Territories  
• 5 Effect of Act on other laws  
• 6 Application of Act  
• 7 Exceptions to application of Act  
• 8 State and Northern Territory insurance  
• 9 Interpretation  
• 10 Insurance intermediaries other than brokers to operate under written agreements  
• 11 Liability of insurer for agents and employees  
• 12 Certain insurance intermediaries to be agents of insurers  
• 13 Representations, &c., by intermediaries  
• 14 Effect of payments to intermediaries  
• 15 Liability in relation to binders  
• 16 Disclosure by persons acting under binders in respect of insurance contracts  
• 17 Disclosure by persons acting under binders in respect of claims  
• 18 Interpretation  
• 19 Brokers not to carry on business unless registered  
• 20 Applications for registration  
• 21 Registration of brokers  
• 22 Registers to be kept  
• 23 Inspection of Registers, accounts and contracts  
• 24 Delay in registration or renewal  
• 25 Suspension or cancellation of registration  
• 26 Insurance broking accounts  
• 27 Duties of broker in relation to premiums, &c.  
• 28 Distribution of insurance broking account moneys on insolvency, &c.  
• 29 Brokers not bound by certain agreements, &c.  
• 30 Misdescription of business  
• 31 Brokers to disclose agency  
• 32 Brokers to give certain information  
• 33 Insurance intermediaries to give certain information  
• 34 Insurance intermediary to notify insured if insurer is an unauthorized foreign insurer  
• 35 Restrictions as to receipt and payment of remuneration  
• 36 Insurance claims moneys  
• 37 Certain moneys to be trust moneys  
• 38 Broker to notify insured of association with insurer  
• 39 Misdescription by insurance intermediaries  
• 40 Liability of directors and employees  
• 41 Hearing before making adverse decision  
• 42 Application for review  
• 43 Statement to accompany notice of decisions  
• 44 Accounts and audit  
• 45 Certain particulars to be included in reports  
• 46 Prosecutions  
• 47 Delegation  
• 48 Regulations