s 43 Representations by licensed financial advisers
43.—(1) A licensed financial adviser must not, with intent to deceive, in relation to a proposed contract of insurance —(a) write on a form, being a form that is given or sent to an insurer, any matter that is material to the contract and is false or misleading in a material particular; (b) omit to disclose to the insurer any matter that is material to the proposed contract; (c) advise or induce the intending insured to write on a form, being a form that is given or sent to the insurer, any matter that is false or misleading in a material particular; or (d) advise or induce the intending insured to omit to disclose to the insurer any matter that is material to the proposed contract.[1/2009] (2) A licensed financial adviser must not, with intent to deceive, in relation to a claim under a contract of insurance —(a) fill up, in whole or in part, a form, being a form that is given or sent to an insurer, in such a way that the form is false or misleading in a material particular; (b) omit to disclose to the insurer any matter that is material to the claim; (c) induce the insured to fill up, in whole or in part, a form, being a form that is given or sent to the insurer, in such a way that the form is false or misleading in a material particular; or (d) advise or induce the insured to omit to disclose to the insurer any matter that is material to the claim.[1/2009] (3) Any licensed financial adviser who contravenes this section shall, even if a contract of insurance does not come into being, be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 12 months or to both.[34 [1/2009]