Australian Capital Territory Consolidated Acts(1) A licensed insurer commits an offence if—
(a) the CTP regulator makes a request of a licensed insurer, or a former licensed insurer, under section 227; and
(b) the CTP regulator makes the request in the way mentioned in section 228; and
(c) the insurer does not comply with the request.
Maximum penalty: 100 penalty units.
Note Penalties imposed under this Act must be paid into the nominal defendant fund (see s 163B).
(2) It is a defence to a prosecution for an offence against this section if the defendant proves that it was not in the defendant's power to comply with the requirement.