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Section : 272A No insurance or other indemnity against penalties
Domain : Human Resource Management
Classification : Not Identified

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(a) enter into a contract of insurance or other arrangement under which the person, or another person, is purportedly covered for all or part of a liability for a monetary penalty under this Act; or
(b) provide insurance or a grant of indemnity for all or part of a liability for a monetary penalty under this Act; or
(c) take the benefit of a contract of insurance, arrangement or grant of indemnity mentioned in paragraph (a) or (b). Penalty: The tier B monetary penalty.

(2) Subsection (1) places an evidential burden on the accused to show a reasonable excuse.
(3) A term of a contract of insurance or other arrangement is void to the extent it purports to cover a person for all or part of a liability for a monetary penalty under this Act.