Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INSURANCE CONTRACTS ACT 1984 - SECT 43

Arbitration provisions

             (1)  Where a provision included in a contract of insurance has the effect of:

                     (a)  requiring, authorizing or otherwise providing for differences or disputes in connection with the contract to be referred to arbitration; or

                     (b)  limiting the rights otherwise conferred by the contract on the insured by reference to an agreement to submit a difference or dispute to arbitration;

the provision is void.

             (2)  Subsection (1) does not affect an agreement to submit a dispute or difference to arbitration if the agreement was made after the dispute or difference arose.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]