Document ID: chunk:federal_register_of_legislation:C2025C00157:section:49l
Version: federal_register_of_legislation:C2025C00157
Segment Type: section
Provision Reference: s 49L
Character Range: 149336–150297

49L  Lodgment of auditor's certificate and actuary's reports
 (1) A general insurer must, in accordance with the prudential standards, lodge with APRA:
 (a) a section 49J certificate relating to the yearly statutory accounts for each financial year of the insurer; and
 (aa) the reports referred to in section 49J; and
 (b) the reports referred to in section 49K.
Penalty: 300 penalty units.
 (1A) If an individual:
 (a) commits an offence against subsection (1) because of Part 2.4 of the Criminal Code; or
 (b) commits an offence under Part 2.4 of the Criminal Code in relation to an offence against subsection (1);
he or she is punishable, on conviction, by a fine not exceeding 60 penalty units.
 (2) An offence against this section is an offence of strict liability.
Note 1: For strict liability, see section 6.1 of the Criminal Code.
Note 2: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.

Division 5—Accounts