20Applications for registration

##### 20 Applications for registration (1) A person may apply to ASIC: (a) to be registered under this Part in respect of life insurance business or in respect of general insurance business; or (b) to renew the person’s registration under this Part. (2) An application under subsection (1) shall be in accordance with the approved form. (2A) For the avoidance of doubt, it is declared that an approved form made for the purposes of subsection (2) may include the requirement to provide: (a) information required for statistical purposes; and (b) information that is, or may be, required to be given to ASIC under any other provision of this Act or the regulations. (3) A person shall not with intent to deceive: (a) make a false or misleading statement in, or omit material matter from, an approved form given to ASIC under subsection (1); or (b) give to ASIC in connection with an application under subsection (1) information that is false or misleading in a material particular. Penalty: Imprisonment for 2 years. > Note: Subsection 4B(2) of the Crimes Act 1914 allows a court to impose an appropriate fine instead of, or in addition to, a term of imprisonment. If a body corporate is convicted of an offence, subsection 4B(3) of that Act allows a court to impose a fine of an amount that is not greater than 5 times the maximum fine that could be imposed by a court on an individual convicted of the same offence.