Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

Division 3 - Approved compensation arrangements  

Subdivision D - Are compensation arrangements adequate?  

SECTION 885F   METHOD OF PAYMENT OF COMPENSATION  

885F(1)    

The compensation rules must deal with how compensation in respect of Division 3 losses is to be paid or provided.

885F(2)    
Without limiting subsection (1) , the compensation rules may provide for compensation to be paid in a lump sum or by instalments.