Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LIFE INSURANCE ACT 1995 - SECT 248

Offences

  (1)   No proceedings for an offence against this Act may be instituted after the end of the period of 3 years after the commission of the offence.

  (2)   The institution of proceedings against a company for an offence against this Act, the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 does not prevent the institution of proceedings for:

  (a)   the judicial management; or

  (b)   the winding - up;

of the company, or of part of the business of the company, on a ground that relates to the matter that constitutes the offence.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback