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s 124AA

Commissioner may investigate claims against Fidelity Account

In force
Part VIIIFidelity Guarantee Account

124AA Commissioner may investigate claims against Fidelity Account

(1)

Without limiting section 22, the Commissioner may, at and in accordance with the request of the chief executive officer, make an investigation or inquiry under the Fair Trading Act 2010 Part 6 in relation to a claim against the Fidelity Account.

(2)

For the purposes of the investigation or inquiry, the administration of the Fidelity Account is taken to be a function of the Commissioner.

(3)

The Commissioner must, as soon as practicable after completing the investigation or inquiry, prepare a report on the findings of the investigation or inquiry and give it to the chief executive officer.

[Section 124AA inserted: No. 23 of 2014 s. 77.]

Part VIIIA — Education and General Purpose Account

[Heading inserted: No. 59 of 1995 s. 26; amended: No. 77 of 2006 Sch. 1 cl. 147(11).]

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