573A

Disclosure of information for administering claim farming provisions

Current

(1)

This section applies if, in exercising a power or performing a function under a claim farming provision under this Act, the Regulator obtains information.

(2)

The Regulator may disclose the information to a relevant entity if the Regulator believes the information is relevant to—

(a)

the administration by the relevant entity of a claim farming provision; or

(b)

monitoring and identifying patterns or trends in conduct to which claim farming provisions apply.

(3)

Information disclosed under this section must not be used for any purpose other than the administration of a claim farming provision.

(4)

In this section—

claim farming provision means—

(a)

chapter 6B; and

(b)

each of the following provisions of the Motor Accident Insurance Act 1994—

(i)

part 4, division 2A;

(ii)

sections 37AA, 37AB, 39A and 41A;

(iii)

part 5AA; and

(c)

each of the following provisions of the Personal Injuries Proceedings Act 2002—

(i)

chapter 2, part 1, division 1AA;

(ii)

section 9B, 9C or 13A;

(iii)

chapter 2, part 4;

(iv)

chapter 3, parts 2 and 2A.

relevant entity means each of the following—

(a)

the Motor Accident Insurance Commission established under the Motor Accident Insurance Act 1994, section 6;

(b)

the Legal Services Commission continued in existence under the Legal Profession Act 2007, section 591.

This Act’s bill:Explanatory memorandum

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