(1) If an insurer's approval is revoked, a compulsory insurance policy issued before the revocation is taken not to be a compulsory insurance policy only if a reason for the revocation is the winding-up of the insurer.
(2)
The compulsory insurance policy stops being a compulsory insurance
policy 7 days after the day the revocation takes effect.
Part 10 Self-insurers
Division 10.1 Preliminary