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s 380

Contravention of licence condition does not affect MAI policy

In force
Chapter 7MAI insurer licences
Part 7.4MAI insurer licences—conditions

380 Contravention of licence condition does not affect MAI policy

If an MAI insurer issues an MAI policy in contravention of a condition of their MAI insurer licence, the MAI policy is not annulled or affected only because the MAI insurer is in contravention of the condition.

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