75
In forceIndemnity
Part 7Collection and recovery of charge
Division 2Special rules about collection and recovery
Subdivision ARecovery from a third party
75 Indemnity
An amount that the third party pays to the Regulator under this Subdivision is taken to have been authorised by:
(a)
the debtor; and
(b)
any other person who is entitled to all or a part of the amount;
and the third party is indemnified for the payment.
This Act’s bill:Explanatory memorandumSecond reading speech
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