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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