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COMMONWEALTHAct
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s 62W

Continued application of other Parts of Act

In force
Part VBJudicial management, statutory management, other external administration and winding up
Division 1Judicial management of general insurers

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.

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