#### 74A Duty of insurer to pay compensation promptly 74A Duty of insurer to pay compensation promptly > > (1) An insurer who admits liability to pay compensation must pay that compensation promptly following the admission of liability. > > > (2) If the Authority is satisfied that an insurer has failed to comply with this section, the Authority may by notice in writing to the insurer direct the insurer to pay the compensation concerned within a period specified in the direction. > > > (3) An insurer must comply with such a direction. > > > > Maximum penalty—50 penalty units. > > **s 74A:** Ins 2001 No 61, Sch 5.2 \[2\].

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