Document ID: chunk:federal_register_of_legislation:C2012C00862:clause:2_62zd
Version: federal_register_of_legislation:C2012C00862
Segment Type: clause
Provision Reference: sch 2 cl 62ZD
Character Range: 60978–62140

62ZD  Request by APRA for information
 (1) APRA may require a judicial manager, by written notice given to the judicial manager, to give APRA information about one or more of the following matters:
 (a) the conduct of the judicial management;
 (b) the financial position of the general insurer under judicial management;
 (c) a matter that APRA considers will enable APRA to perform APRA's functions under Part VC.
 (2) The notice must specify a reasonable period within which the information must be given to APRA.
 (3) A judicial manager commits an offence if:
 (a) APRA requires the judicial manager to give APRA information under subsection (1); and
 (b) the judicial manager refuses or fails to give the information.
Penalty: Imprisonment for 6 months or 100 penalty units, or both.
 (4) A judicial manager commits an offence if:
 (a) APRA requires the judicial manager to give APRA information under subsection (1); and
 (b) the judicial manager refuses or fails to give the information.
Penalty: 60 penalty units.
 (5) An offence against subsection (4) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.