Statute
Section 1239F — Corporations Act 2001: Claims against insurers in relation to deregistered sub-fund
Text of the provision Official document
A person may recover from the insurer of a CCIV an amount that was payable to the CCIV under the insurance contract if: (a) a sub-fund of the CCIV is deregistered; and (b) the CCIV has a liability to the person that was a liability of the sub-fund; and (c) the insurance contract covered that liability immediately before the sub-fund was deregistered.
Official source: Federal Register of Legislation
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