CTHRepealedAct
Insurance (Agents and Brokers) Act 1984
31CApplications for registration
Start here
Get a plain-English read of 31C
Turn the raw legal text into a practical explanation grounded in Insurance (Agents and Brokers) Act 1984.
##### 31C Applications for registration
(1) A person who wants to be registered under this Part may apply to ASIC accordingly.
(2) The application shall be in accordance with the approved form.
(3) To avoid doubt, an approved form made for the purposes of subsection (2) may include the requirement to provide:
(a) information 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.
(4) 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 this section, information that is false or misleading in a material particular.
Penalty for contravention of this subsection: 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.