Section 1061ZZEK — Social Security Act 1991: Transfer of corporation’s rights to Commonwealth

(1) The corporation’s rights referred to in subsection (2) are transferred to the Commonwealth, by this subsection, at the earlier of: (a) the time when the corporation stopped making payments under the contract; or (b) the end of 4 weeks after the time when the notice was given. (2) The rights transferred are the corporation’s rights under the contract that relate to payment of financial supplement during the period: (a) beginning at the start of the contract period; and (b) ending at the end of the period of 4 weeks referred to in paragraph (1)(b).