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"content": "and upon conviction shall be liable to a fine not exceeding one million shillings or to imprisonment for a term of one year or both. (7) An insurer shall pay an intermediary insurance commission due within thirty days upon receipt of premium. (8) An insurer who contravenes subsection (6) shall be liable to a penalty five million shillings on each contravention, payable to the policyholders Compensation Fund."
}