Commonwealth Numbered Acts Commonwealth Numbered Acts(1) An applicant for registration under Division 126 must, before starting to operate its * health insurance business, notify the name and contact details of its * chief executive officer to the Secretary of the Department, and to the Council, in the * approved form.
(2) A private health insurer must ensure that, if the name or contact details of its * chief executive officer change, the change is notified, not more than 28 days after the change takes effect, to the Secretary of the Department, and to the Council, in the * approved form.
(3) A private health insurer commits an offence if:
(a) the insurer is required under subsection (2) to ensure that a particular thing happens; and
(b) the thing does not happen.
Penalty: 60 penalty units.
(4) Strict liability applies to subsection (3).
Note: For strict liability , see section 6.1 of the Criminal Code.