Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010 (82 of 2010)

Schedule 2   Amendment of the Insurance Act 1973

Part 1   Amendments

61   Paragraph 62ZZC(1)(a)

Repeal the paragraph, substitute:

(a) either:

(i) the general insurer is under judicial management under Division 1 of Part VB; or

(ii) an external administrator for the general insurer has been appointed under Chapter 5 of theCorporations Act 2001; and