Section 83: Undesirable business practice

83. Undesirable business practice (1) Notwithstanding anything to the contrary in any enactment, the Commission may declare a particular insurance business practice to be undesirable for— (a) all or a particular class of insurance policies; or (b) all or a particular category of persons who render services in respect of insurance policies. (2) Where the Commission is satisfied that an insurer or a person rendering services in respect of insurance policies is carrying on a business practice which may become the subject of a declaration under this section, the Commission may, by notice, direct that insurer or person to— (a) suspend that particular business practice for such period as the Commission deems necessary to enable the matter to be determined; (b) take such remedial actions to the satisfaction of the Commission to eliminate or mitigate the effects of, or arising from, that undesirable practice. (3) An insurer or other person who— (a) carries on a practice declared undesirable under this section; (b) fails to comply with a direction given under subsection (2), shall commit an offence and shall, on conviction, be liable to a fine not exceeding one million rupees and to imprisonment for a term not exceeding 3 years. [Issue 1] I15 – 56 Revised Laws of Mauritius