CORPORATIONS REGULATIONS 2001 - REG 7.5.72 Power of SEGC to allow and settle claim
CORPORATIONS REGULATIONS 2001 - REG 7.5.72
Power of SEGC to allow and settle claim(1) The SEGC may, at any time after a person becomes entitled to make a claim, allow and settle the claim.
(2) Subregulation (1) authorises the SEGC to partially allow a
claim (including, for example, in a case where the SEGC considers that the
claimant's conduct contributed to the loss).