CEO may send preliminary notice to potential compensation payer or insurer
109 CEO may send preliminary notice to potential compensation payer or insurer
If:
a participant or prospective participant makes a claim against another person (the potential compensation payer) for compensation; and
the claim relates to the participant’s or prospective participant’s impairment;
the CEO may give written notice to the potential compensation payer, stating that the CEO may wish to recover an amount from the potential compensation payer.
If:
a participant or prospective participant makes a claim against another person (the potential compensation payer) for compensation; and
the claim relates to the participant’s or prospective participant’s impairment; and
an insurer may be liable, under a contract of insurance, to indemnify the potential compensation payer against any liability arising from the claim for compensation;
the CEO may give written notice to the insurer, stating that the CEO may wish to recover an amount from the insurer.
A notice under subsection (1) or (2) must contain:
a statement of the potential compensation payer’s or insurer’s obligation under subsection 110(1) or (2), as the case requires; and
a statement of the effect of section 111 (recovery) so far as it relates to the notice.
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