173AGiving false information for premium calculation

173A Giving false information for premium calculation

173A Giving false information for premium calculation

A person must not, when supplying information to an insurer relevant to the calculation of the premium payable under a policy of insurance issued or renewed or to be issued or renewed by the insurer (whether or not the information is supplied pursuant to a requirement of this Act or the regulations) supply information that the person knows is false or misleading in a material particular.

Maximum penalty—50 penalty units.

s 173A: Ins 2000 No 87, Sch 14.2.