Duties Act 1997 No 123
Current version for 28 October 2014 to date (accessed 24 November 2014 at 10:57)
Chapter 8Part 3Section 248

248   Insurers must be registered

An insurer must be registered under this Part.

Maximum penalty: 100 penalty units.

Note. An offence against this section committed by a corporation is an executive liability offence attracting executive liability for a director or other person involved in the management of the corporation—see section 121 of the Taxation Administration Act 1996.
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