Commonwealth Numbered Acts

Insurance (Agents and Brokers) Act 1984 No. 75 of 1984 - SECT 31

31. (1) A life insurance broker (not being also a general insurance broker)
shall not, as agent of an insurer in respect of general insurance business, do
any act, for or in relation to an intending insured, in respect of insurance
other than life insurance unless he has first informed the intending insured
that, in doing that act, he would be acting as agent of the insurer and not of
the intending insured.

(2) A general insurance broker (not being also a life insurance broker) shall
not, as agent of an insurer in respect of life insurance business, do any act,
for or in relation to an intending insured, in respect of life insurance
unless he has first informed the intending insured that, in doing that act, he
would be acting as agent of the insurer and not of the intending insured.

Penalty:

   (a)  in the case of a natural person-$1,000; or

   (b)  in the case of a corporation-$5,000.