Northern Territory Consolidated Acts

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STAMP DUTY ACT - SECT 39

Australian insurers to be registered

39. Australian insurers to be registered

(1) An Australian insurer must not grant, issue or renew a policy of insurance in respect of which duty is imposed unless the insurer is registered under this Division.

Penalty: 50 penalty units.

(2) Nothing in subsection (1) affects the liability of an Australian insurer for duty imposed in respect of a policy of insurance granted, issued or renewed in contravention of this section.



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