Commonwealth Consolidated Acts

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INSURANCE ACT 1973 - SECT 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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