Document ID: chunk:federal_register_of_legislation:C2025C00173:section:117
Version: federal_register_of_legislation:C2025C00173
Segment Type: section
Provision Reference: s 117
Character Range: 152519–153177

117  Disqualified persons must not act for private health insurers
  A person commits an offence if:
 (a) the person acts as an officer, or appointed actuary, of a private health insurer; and
 (b) the person is a disqualified person; and
 (c) if the person is a disqualified person only because of an order under section 120—the person is disqualified from being or acting as that officer or actuary.
Penalty: Imprisonment for 12 months or 60 penalty units, or both.
Note: If a body corporate is convicted of an offence against this section, subsection 4B(3) of the Crimes Act 1914 allows a court to impose a fine of up to 5 times the penalty stated above.