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COMMONWEALTHAct
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s 62A

Investigations relating to contraventions of section 9 or 10 etc

In force
Part VAInvestigations of unauthorised insurance

62A Investigations relating to contraventions of section 9 or 10 etc

(1)

If APRA believes on reasonable grounds that a body corporate or other person has engaged, is engaging or will engage in conduct:

(a)

in contravention of section 9 or 10; or

(b)

constituting the aiding, abetting, counselling or procuring of a contravention of section 9 or 10;

APRA may investigate the whole or part of the conduct or proposed conduct, or appoint a person (the inspector), in writing, to investigate the whole or part of the conduct or proposed conduct.

(2)

The inspector is to be a person resident in Australia.

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