QLDIn ForceAct
Motor Accident Insurance Act 1994
sec.22Licensed insurer can not decline CTP business
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### sec.22 Licensed insurer can not decline CTP business
A CTP insurance policy under this Act is binding on the licensed insurer by force of this Act, and a licensed insurer can not repudiate, or decline to issue or renew, a CTP insurance policy.
If an application is made to a licensed insurer for an insurance certificate for use in connection with an application to register or renew the registration of a motor vehicle, and the appropriate insurance premium is tendered to the insurer by the applicant, the insurer must issue the certificate.
Maximum penalty—300 penalty units.
A court that convicts an insurer of an offence against subsection (2) may, by order, withdraw the licence.
(sec.22-ssec.1) A CTP insurance policy under this Act is binding on the licensed insurer by force of this Act, and a licensed insurer can not repudiate, or decline to issue or renew, a CTP insurance policy.
(sec.22-ssec.2) If an application is made to a licensed insurer for an insurance certificate for use in connection with an application to register or renew the registration of a motor vehicle, and the appropriate insurance premium is tendered to the insurer by the applicant, the insurer must issue the certificate. Maximum penalty—300 penalty units.
(sec.22-ssec.3) A court that convicts an insurer of an offence against subsection (2) may, by order, withdraw the licence.