Motor Accident Injuries Act 2019

The MAI commission may propose to impose a financial penalty on the insurer if the commission is satisfied that—

a ground for financial penalty exists in relation to the insurer; and

the imposition of the financial penalty is in the public interest.

The MAI commission must give the insurer a written notice about the proposed financial penalty (a show cause notice) stating—

the grounds on which the commission is proposing to impose a financial penalty; and

whether the proposed financial penalty is for a minor or serious contravention; and

the amount of the proposed financial penalty; and

that the insurer may give the commission a written submission about the proposed financial penalty not later than—

for a minor contravention—15 business days after the day the insurer is given the notice; or

for a serious contravention—20 business days after the day the insurer is given the notice; or

if the commission agrees to a longer period—the agreed period.