New South Wales Consolidated Acts New South Wales Consolidated Acts(cf former ss 30D, 30E)
(1) A person (other than a licensed insurer) shall not issue or renew policies of insurance.: Maximum penalty--100 penalty units.
(2) A contravention of subsection (1), or of a condition to which a licence is subject under this Division, does not annul a policy of insurance issued or renewed by an insurer or affect the liability of the insurer to the person insured under the policy.