Duties Act 1997 No 123
Current version for 1 December 2014 to date (accessed 26 January 2015 at 21:24)
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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