62H
In forceInvestigations to be completed within a reasonable time
Part VAInvestigations of unauthorised insurance
62H Investigations to be completed within a reasonable time
(1)
An investigation under this Part must be completed within a reasonable time after the investigation commenced.
(2)
Within a reasonable time after the investigation has been completed, APRA must give to each person whose conduct or proposed conduct was the subject of the investigation a written notice stating:
(a)
that the investigation has been completed; and
(b)
whether APRA proposes that further action be taken relating to the conduct or proposed conduct.
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