37Information to policy holders

37 Information to policy holders

37 Information to policy holders

(1) An insurer is not to issue to a person any invoice or other statement as to the premium payable in respect of the issue or renewal of a policy of insurance to which this section applies unless the statement also indicates how much of the premium is estimated to be attributable to the contribution payable under this Act.

Maximum penalty—100 penalty units.

(2) This section applies to a policy of insurance—

(a) that is a policy of a class described in Part A of the table in Schedule 1, and

(b) the premium for which is subject to contribution under this Act.

(3) This section does not require an invoice or other statement to indicate how much of the premium payable is estimated to be attributable to the contribution payable under this Act if no part of the premium payable is estimated to be attributable to the contribution payable under this Act.

s 37: Am 2018 No 39, Sch 1 [1].