103Licensed insurers not to refuse insurance

### 103 Licensed insurers not to refuse insurance > > (1)  A licensed insurer shall not, except with the consent of the Board, refuse to issue a policy of insurance to an employer or to renew a policy of insurance issued to an employer. > > > (2)  Without affecting the generality of [subsection (1)](#GS103@Gs1@EN) , the Board may consent to any refusal referred to in that subsection in order that the licensed insurer does not contravene any condition of his licence. > > > (3)  This section does not apply – > > > > > > (a) to a specialized 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 a policy of insurance. > > > (4)  A licensed insurer who contravenes [subsection (1)](#GS103@Gs1@EN) is guilty of an offence and is liable on summary conviction to a fine not exceeding 200 penalty units.