Australian Capital Territory Consolidated Acts(1) On or before 31 July in each year, an insurer must, in accordance with this section, give a report to the Minister about insurance policies held by the insurer at any time in the financial year ending on the previous 30 June in relation to—
(a) property located in the ACT; or
(b) an act or omission happening in the ACT.
Maximum penalty: 100 penalty units.
(2) The report must state for each class of policy prescribed by regulation—
(a) the premium paid to the insurer; and
(b) the number of claims; and
(c) the number of claims that were paid; and
(d) the number of claims that were refused; and
(e) anything else required by regulation.
(3) The report must—
(a) be given in the way required by regulation; and
(b) comply with any directions under section 203A.