Australian Capital Territory Numbered Acts

STAMP DUTIES AND TAXES (AMENDMENT) ACT (NO. 93 OF 1993) - SECT 7

7. Section 37 of the Principal Act is amended by omitting subsection (1) and substituting the following subsection:

“(1) A person shall not carry on business as a life insurer or general insurer unless the person is so registered.

Penalty: $5,000 or imprisonment for 6 months, or both.”.