South Australian Current Acts South Australian Current Acts128—Duty of insurers to furnish information
(1) The Minister may
by written notice given to an approved insurer require the insurer to furnish
to the Minister within a period fixed by the notice, being not less than two
months, any information reasonably required by the Minister and specified in
the notice, relating to—
(a)
premiums received for insurance under this Part;
(b)
claims paid under this Part;
(c)
persons insured under this Part;
(d) any
other matters relevant to this Part.
(2) An insurer who
receives such a notice must comply with it; but it is a defence to a charge of
non-compliance to show that the insurer had a reasonable excuse for the
non-compliance.
Maximum penalty: $750.
(3) An insurer must
not wilfully or negligently furnish to the Minister any false information
relating to matters specified in a notice under this section.
Maximum penalty: $750.