Commonwealth Consolidated Acts

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LIFE INSURANCE ACT 1995 - SECT 253

Regulations

  (1)   The Governor - General may make regulations:

  (a)   prescribing matters required or permitted by this Act to be prescribed; or

  (b)   prescribing matters necessary or convenient to be prescribed for carrying out or giving effect to this Act.

  (2)   Without limiting subsection   (1), the regulations may:

  (a)   prescribe the time within which any appeal to the Court provided for by this Act will lie; and

  (b)   prescribe penalties not exceeding 10 penalty units for any contravention of the regulations.

 


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