175GMembers of group to have policies with same scheme agent and common renewal date

#### 175G Members of group to have policies with same scheme agent and common renewal date 175G Members of group to have policies with same scheme agent and common renewal date > > (1) The policy of insurance that an employer who is a member of a group obtains and maintains in force for the purposes of compliance with section 155 (a workers compensation insurance policy) must— > > > > > (a) be obtained from or through the same scheme agent that provides workers compensation insurance policies to the other members of the group, and > > > > > (b) have the same renewal date as those other policies. > > > (2) An employer who contravenes subsection (1) is guilty of an offence. > > > > Maximum penalty—500 penalty units. > > > (3) If an employer who is a member of a group does not obtain or maintain in force a policy of insurance in compliance with this section, the Nominal Insurer may by notice in writing to a scheme agent— > > > > > (a) direct the transfer of any policy of insurance obtained or maintained in contravention of this section to a specified scheme agent (being the scheme agent from or through whom workers compensation insurance is provided to other members of the group concerned), and > > > > > (b) direct the alteration of the policy of insurance so that the policy renews on the same date as the policies of other members of the group. > > > (4) A scheme agent must give effect to a direction given to it under this section. > > **ss 175G–175J:** Ins 2006 No 25, Sch 1 \[7\]. Am 2015 No 19, Sch 5 \[12\].