123Restrictions on payment of pecuniary penalties etc.

#### 123 Restrictions on payment of pecuniary penalties etc. A private health insurer must not: (a) use its money, or permit the use of its money, for: (i) the payment of a pecuniary penalty imposed on an officer of the insurer because of an offence under this Act; or (ii) the payment of an amount that an officer of the insurer, or a person who has been such an officer, is liable to pay under this Act; or (b) reimburse: (i) an officer of the insurer in respect of a pecuniary penalty imposed on the officer because of an offence under this Act; or (ii) an officer of the insurer, or a person who has been such an officer, in respect of a liability imposed on the officer under this Act.