New South Wales Consolidated Acts

INSURANCE (APPLICATION OF LAWS) ACT 1986 - SECT 8

8 Recovery of penalties

(1) Proceedings for an offence against an applied provision may be dealt with summarily:

(a) before the Local Court, or

(b) before the Supreme Court in its summary jurisdiction.

(2) Where proceedings for an offence against an applied provision are dealt with before the Local Court, the maximum pecuniary penalty that may be imposed in respect of the offence is $5,000 or the pecuniary penalty indicated in the provision in respect of the offence, whichever is the lesser.

(3) Where proceedings for an offence against an applied provision are dealt with before the Supreme Court in its summary jurisdiction, the maximum pecuniary penalty that may be imposed in respect of the offence is the pecuniary penalty indicated in the provision in respect of the offence.