Financial Sector Legislation Amendment Act (No. 1) 2003 (116 of 2003)

Schedule 5   Insurance Act 1973

29   After subsection 49P(1)

Insert:

(1A) If an individual:

(a) commits an offence against subsection (1) because of Part 2.4 of the Criminal Code; or

(b) commits an offence under Part 2.4 of the Criminal Code in relation to an offence against subsection (1);

he or she is punishable, on conviction, by a fine not exceeding 60 penalty units.