How MAI commission is to make request
464 How MAI commission is to make request
A request by the MAI commission under section 462 (Licensed insurers must give information to MAI commission) or section 463 must—
be in writing and given to the licensed insurer or former licensed insurer; and
state how and when the request must be complied with.
A statement of how a request must be complied with may include a requirement that the licensed insurer, or former licensed insurer, give the MAI commission a certificate of correctness for stated information or a stated document (or a copy of or extract from a stated document).
In this section:
certificate of correctness, for stated information or a stated document (or a copy of, or extract from, a stated document), means a certificate certifying the correctness of the information, document, copy or extract by any of the following:
a registered tax agent;
a registered company auditor;
an actuary approved by the MAI commission;
an executive officer of the licensed insurer.
Note It is an offence to make a false or misleading statement, give false or misleading information or produce a false or misleading document (see Criminal Code, pt 3.4).
registered company auditor—see the Corporations Act, section 9.
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