Imposition of civil penalty on or censure of licensed insurer or self-insurer
(1) If the Authority is satisfied that a person who is or was a licensed insurer or self-insurer has contravened its licence or this Act or the regulations, the Authority may— (a) impose a civil penalty on the person not exceeding $50,000, or (b) issue a letter of censure to the person. (2) Before imposing a civil penalty, the Authority is required to give the person concerned an opportunity to make written submissions with respect to the alleged contravention, but is not required to conduct a hearing into the matter. (3) A civil penalty that has been imposed under this section may be recovered by the Authority in a court of competent jurisdiction as a debt due to the Crown. (4) (5) The Authority may cause a letter of censure issued by it under this section to be published. (6) A civil penalty that is paid or recovered is payable into the Workers Compensation Operational Fund. (7)
Sourced from the New South Wales Legislation website at 8 June 2026. For the latest information on New South Wales Government legislation please go to https://www.legislation.nsw.gov.au. Verify the current text against the official source before relying on it.
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