157Insurers not to refuse insurance

#### 157 Insurers not to refuse insurance 157 Insurers not to refuse insurance (cf former s 18 (2)) > > (1) A licensed insurer shall not, except with the consent of the Authority, refuse to issue a policy of insurance to any employer or to renew a policy of insurance issued to an employer. > > > (2) Without affecting the generality of subsection (1), the Authority may consent to any such refusal in order that the licensed insurer does not contravene any condition of the licence. > > > (3) This section does not apply— > > > > > (a) to a specialised insurer, or > > > > > (b) in any case where the employer has not complied with any conditions prescribed by this Act or the regulations in respect of the issue or renewal of the policy of insurance. > > Maximum penalty—100 penalty units. > > **s 157:** Am 1993 No 47, Sch 1.