Workers Rehabilitation and Compensation Act 1988
103Licensed insurers not to refuse insurance
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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) , 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) is guilty of an offence and is liable on summary conviction to a fine not exceeding 200 penalty units.