Western Australian Current Acts Western Australian Current Acts (1) A registered
insurer must lodge a return in the approved form for each return period of the
insurer on or before the 21 st day after the end of the return period.
(2) On becoming a
general insurer, the insurer must —
(a) for
the month in which the insurer became a general insurer; and
(b) for
each subsequent month until the month in which the insurer becomes a
registered insurer or ceases to be a general insurer,
lodge a return in the
approved form for the month on or before the 21 st day after the end of the
month.
(3) The month referred
to in subsection (2) is to be treated as a return period for the purposes of
this Chapter.
(4) A registered
insurer that does not lodge a statement in accordance with subsection (1)
commits an offence.
Penalty: a fine of $5 000.
(5) A general insurer
that does not lodge a statement in accordance with subsection (2) commits an
offence.
Penalty: a fine of $5 000.
(6) The requirement to
lodge a return applies even if no duty is chargeable in the return period.