WORKERS' COMPENSATION AND INJURY MANAGEMENT ACT 1981 - SECT 162

WORKERS' COMPENSATION AND INJURY MANAGEMENT ACT 1981 - SECT 162

162 .         Insurance Commission of Western Australia sole insurer as to some industrial diseases

        (1)         The Insurance Commission of Western Australia is the only insurer authorised to issue or renew a policy insuring an employer against his liability to pay compensation under this Act for any industrial disease of the kinds referred to in section 151(a)(iii).

        (1a)         An insurer that issues or renews a policy contrary to subsection (1) commits an offence.

        Penalty: $1 000.

        (2)         Nothing in subsection (1) affects the rights and liabilities of the parties to any contract of insurance existing immediately before the day on which this Part comes into operation for the period of the contract unexpired immediately before that day.

        [Section 162 amended: No. 51 of 1986 s. 46(2); No. 45 of 1996 Sch. 1 it. 16; No. 42 of 2004 s. 121.]