Clause 62
Amendment of section 55A
BillNot in forceProvision 62 of 69
Clause 62
Section 55A of the Insurance Act is amended by deleting subsection (2) and substituting the following subsection:“(2) Subsection (1) shall not apply to any offence under this Act —
(a)
in respect of the breach of a duty imposed only on corporations; or
(b)
for which different penalties are prescribed in this Act (other than section 55(4)) for individuals and for other persons found guilty of the offence.”.