Request by APRA for information
62ZD Request by APRA for information
APRA may require a judicial manager, by written notice given to the judicial manager, to give APRA information about one or more of the following matters:
the conduct of the judicial management;
the financial position of the general insurer under judicial management;
a matter that APRA considers will enable APRA to perform APRA’s functions under Part VC.
The notice must specify a reasonable period within which the information must be given to APRA.
A judicial manager commits an offence if:
APRA requires the judicial manager to give APRA information under subsection (1); and
the judicial manager refuses or fails to give the information.
Penalty: Imprisonment for 6 months or 100 penalty units, or both.
A judicial manager commits an offence if:
APRA requires the judicial manager to give APRA information under subsection (1); and
the judicial manager refuses or fails to give the information.
Penalty: 60 penalty units.
An offence against subsection (4) is an offence of strict liability.
For strict liability, see section 6.1 of the Criminal Code.
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