34ZG
CurrentExceptions
Part 2Commonwealth payments
Division 2BRun‑off cover indemnity scheme
Subdivision BRun‑off cover indemnities
34ZG Exceptions
A run‑off cover indemnity is not payable to an MDO or a medical indemnity insurer under section 34ZC in relation to a payment the MDO makes or is able to make, or the medical indemnity insurer makes or is liable to make, in relation to a claim if:
(a)
the payment is an insurer‑to‑insurer payment; or
(b)
the payment is a payment specified in the rules for the purposes of this section.
This Act’s bill:Explanatory memorandumSecond reading speech
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