New South Wales Consolidated Acts

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INSURANCE PROTECTION TAX ACT 2001 - SECT 16F

Repayments to Policyholders Protection Fund

16F Repayments to Policyholders Protection Fund

If the Treasurer determines that any money in the Building Insurers’ Guarantee Fund is not needed for payments in connection with contracts of insurance entered into by declared insolvent insurers, the money is to be paid from that Fund into the Policyholders Protection Fund in accordance with arrangements made between the Treasurer and the Guarantee Corporation.



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