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COMMONWEALTHAct
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s 62ZZN

APRA to try to ensure awareness of making of claims

In force
Part VCFinancial claims scheme for policyholders with insolvent general insurers
Division 4Administration

62ZZN APRA to try to ensure awareness of making of claims

APRA must take all reasonable steps to ensure that it is made aware, as soon as practicable, of:

(a)

the making of a claim described in section 62ZZI within the period described in paragraph 62ZZF(1)(b); and

(b)

the time of the making of the claim.

Note:

APRA might meet this requirement by requiring under section 62ZZP the general insurer concerned, or the liquidator of the general insurer, to inform APRA of the making of such a claim.

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