Lodgment of auditor’s certificate and actuary’s reports
49L Lodgment of auditor’s certificate and actuary’s reports
A general insurer must, in accordance with the prudential standards, lodge with APRA:
a section 49J certificate relating to the yearly statutory accounts for each financial year of the insurer; and
the reports referred to in section 49J; and
the reports referred to in section 49K.
Penalty: 300 penalty units.
If an individual:
commits an offence against subsection (1) because of Part 2.4 of the Criminal Code; or
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.
An offence against this section is an offence of strict liability.
For strict liability, see section 6.1 of the Criminal Code.
Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
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