WORKERS REHABILITATION AND COMPENSATION ACT 1988 - SECT 114 Returns by licensed insurers and self-insurers
WORKERS REHABILITATION AND COMPENSATION ACT 1988 - SECT 114
Division 3 - Returns by licensed insurers and self-insurers Returns by licensed insurers and self-insurers
(1) Every licensed insurer and self-insurer is to provide the Board with such returns, at such times and in such manner, as the Board determines.(2) A licensed insurer or self-insurer is guilty of an offence and is liable on summary conviction to a fine not exceeding 20 penalty units.(a) who fails to furnish a return that the licensed insurer or self-insurer is required to furnish under this section;(b) who fails to furnish such a return within such time and in such manner as the Board determines; or(c) who, in such a return, makes a statement that is false or misleading in a material particular (3) Every licensed insurer and self-insurer shall keep such records as may be prescribed in the regulations.(4) A licensed insurer or self-insurer who fails to comply with subsection (3) is guilty of an offence and is liable on summary conviction to a fine not exceeding 20 penalty units.(5) For the purposes of this Division, the Crown in right of this State, is taken to be a self-insurer.