Commonwealth Consolidated Acts

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INSURANCE ACT 1973 - SECT 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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