CTHRepealedAct
Australian Capital Territory Taxation (Administration) Act 1969
44BInsurer in the Territory to be registered
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#### 44B Insurer in the Territory to be registered
(1) An insurer who carries on in the Territory the business of life insurance in respect of which tax is imposed without being registered under this Division is, in respect of each day on which the insurer so carries on such business of life insurance (including the day of a conviction of an offence against this section or any subsequent day), guilty of an offence punishable on conviction by a fine not exceeding $50.
(1A) An offence under subsection (1) is an offence of strict liability.
> Note: For strict liability, see section 6.1 of the Criminal Code.
(2) Nothing in this section affects the liability (including a contingent liability) of an insurer under a policy of life insurance issued by the insurer in the course of carrying on the business of life insurance in the Territory in contravention of this section.