S 166-1 repealed by No 87 of 2015, s 3 and Sch 1 item 71, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 166-1 formerly read:
SECTION 166-1 PRIVATE HEALTH INSURERS NOT TO ALLOW DISQUALIFIED PERSONS TO ACT AS DIRECTORS
166-1(1)
A private health insurer commits an offence if the insurer allows a *disqualified person to be or to act as a *director or *senior manager of the insurer.
Penalty: 250 penalty units.
166-1(2)
Subsection (1) does not apply if the insurer:
(a)
contacted the Council within a reasonable period before allowing the person to be to or act as a *director or *senior manager, as the case may be; and
(b)
was advised by the Council that the person was not a *disqualified person.
Note:
A defendant bears an evidential burden in relation to the matters in this subsection. See subsection 13.3(3) of the
Criminal Code
.