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Workers Compensation Act 1987
179Offence—unlicensed insurers
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179 Offence—unlicensed insurers
179 Offence—unlicensed insurers
(cf former ss 30D, 30E)
(1) A person (other than a licensed insurer) shall not issue or renew policies of insurance.
Maximum penalty—100 penalty units.
(2) A contravention of subsection (1), or of a condition to which a licence is subject under this Division, does not annul a policy of insurance issued or renewed by an insurer or affect the liability of the insurer to the person insured under the policy.
s 179: Am 1993 No 47, Sch 1.