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DUTIES ACT 1997 - SECT 248 Insurers must be registered

DUTIES ACT 1997 - SECT 248

Insurers must be registered

248 Insurers must be registered

An insurer must be registered under this Part.

: Maximum penalty--100 penalty units.
Note : An offence against this section committed by a corporation is an executive liability offence attracting executive liability for a director or other person involved in the management of the corporation--see section 121 of the Taxation Administration Act 1996 .