Commonwealth Numbered Acts

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Insurance (Agents and Brokers) Act 1984 No. 75 of 1984 - SECT 39

Misdescription by insurance intermediaries

39. (1) An insurance intermediary (not being a registered insurance broker)
shall not describe himself or his business in a way that would be likely to
lead a person into believing that he is an insurance broker.

(2) An insurance intermediary shall not describe himself or his business in a
way that would be likely to mislead a person into believing that he is an
insurer.

(3) This section has effect only after the expiration of 6 months after the
commencement of Part III or, in an external Territory to which this Act
extends, only after the expiration of 6 months after the commencement of the
day on which this Act commences to extend to that Territory or the
commencement of Part III, whichever is the later.

Penalty:

   (a)  in the case of a natural person-$1,000 or imprisonment for 6 months,
        or both; or

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


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