Section 192 — Workers Compensation Act 1987 (NSW)

(cf former s 18 (9A))
(1A) A reference—
(a) in this section to a licensed insurer includes a reference to a scheme agent, and
(b) in subsections (1)–(3) to an agent does not include a reference to a scheme agent.
(1) A licensed insurer shall not pay any amount by way of commission or other remuneration to an insurance broker, agent or intermediary in relation to the issue or renewal of a policy of insurance.
(2) A licensed insurer shall send any cover note, policy of insurance or renewal notice (or any notice under any policy of insurance) direct to the employer concerned and not to an insurance broker, agent or intermediary.
(3) An employer shall pay any premium under a policy of insurance direct to the licensed insurer and not to an insurance broker, agent or intermediary.
(4) This section does not apply in any case specified in the regulations or approved by the Authority.
(5) This section does not apply to a specialised insurer.
Maximum penalty—200 penalty units.

Related sections

• s 189 — Information and records as to business etc to be supplied to Authority by insurers
• s 190 — Notification to Authority of certain defaults in relation to insurers
• s 191 — Power of Supreme Court to deal with insurers or former insurers unable to meet liabilities etc
• s 192A — Claims administration manual
• s 193 — Definitions
• s 194 — Directions to insurers with respect to claims procedures

Research how courts apply s 192

BriefBridge searches NSW and High Court caselaw by meaning — every answer cited to the paragraph.