INSURANCE ACT 1973 - SECT 62W Continued application of other Parts of Act
INSURANCE ACT 1973 - SECT 62W
Continued application of other Parts of Act(1) None of the matters mentioned in subsection (2) affect:
(a) the continued operation of other Parts of this Act in relation to a general insurer; or
(b) the operation of the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 in relation to a general insurer; or
(c) the obligation of a general insurer to comply with those other Parts and those Acts.
(2) The matters are as follows:
(a) the making by the Federal Court of an order that the general insurer be placed under judicial management;
(b) the commencement of the judicial management of the general
insurer.