S 293-1 repealed by No 87 of 2015, s 3 and Sch 1 item 126, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 293-1 formerly read:
SECTION 293-1 DIRECTORS ETC. TO HELP MANAGERS
293-1(1)
As soon as practicable after the *external management or *terminating management of a *health benefits fund begins, each *director of the *responsible insurer for the fund must:
(a)
deliver to the *manager all records in the director
'
s possession that relate to the business of the fund, other than records that the director is entitled to retain as against the manager and the insurer; and
(b)
if the director knows of the locality of other records relating to the business of the fund
-
tell the manager of that locality.
293-1(2)
Within 7 days after the *external management or *terminating management of the fund begins, or such longer period as the *manager allows, the *directors and other *officers of the *responsible insurer for the fund must give to the manager a statement about the business, property, affairs and financial circumstances of the fund.
293-1(3)
The statement must comply with any requirements of the *manager as to its form and contents.
293-1(4)
A *director or other *officer of the *responsible insurer for the fund must:
(a)
attend on the *manager at such times; and
(b)
give the manager such information about the business, property, affairs and financial circumstances of the fund;
as the manager reasonably requires.
293-1(5)
A person who fails to comply with the requirements of subsection (1), (2), (3) or (4) commits an offence.
Penalty:
30 penalty units or imprisonment for 6 months, or both.
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