160
CurrentDissolution of Building Insurers’ Guarantee Corporation and closure of Building Insurers’ Guarantee Fund
Schedule 4Savings and transitional provisions
Part 28Provision consequent on enactment of Better Regulation Legislation Amendment (Miscellaneous) Act 2024
160 Dissolution of Building Insurers’ Guarantee Corporation and closure of Building Insurers’ Guarantee Fund
On the day on which Part 6A, Division 3 is repealed—
(a)
the Building Insurers’ Guarantee Corporation is dissolved, and
(b)
the Building Insurers’ Guarantee Fund is closed, and
(c)
the balance of the Building Insurers’ Guarantee Fund is transferred to the Self Insurance Corporation, and
(d)
the assets, rights and liabilities of the Building Insurers’ Guarantee Corporation are transferred to the Self Insurance Corporation.
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