Corporations Amendment (National Guarantee Fund Payments) Regulations 2019 (F2019L0474)

Schedule 1   Amendments

Corporations Regulations 2001

1   After regulation 7.5.18

Insert:

7.5.18A Caps on compensation

A liability of the SEGC under Subdivision 4.3, 4.7, 4.8 or 4.9 to pay an amount in relation to a claim allowed under that Subdivision is subject to regulations 7.5.72A (participant-related limits of compensation) and 7.5.72B (claimant-related limits of compensation).

Note: A liability of the SEGC arising under other provisions of Subdivision 4.10 is also subject to regulations 7.5.72A and 7.5.72B.