Part 1 — Licensing of Insurers and Reciprocal Insurance Exchanges Subpart 1 Licensing of Insurers Insurer's Duty to be Licensed
72 Payments in respect of premiums
licensed special broker, the special broker must pay to the Minister
the taxes on premiums that would be payable if the premiums had
been received by a licensed insurer, and the payment must
accompany the monthly return provided for in section 71.
(2) If the amount referred to in subsection (1) is not paid within 30
days from the time it becomes payable, a sum equal to 10% of the
amount remaining unpaid becomes a penalty that forms a part of
the amount referred to in subsection (1) and is recoverable with the
amount.
RSA 2000 cI-3 s72;2008 c19 s15;2022 c11 s3