Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 12
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TRANSFER OF REGISTRATION, DEREGISTRATION AND UNCLAIMED PROPERTY
PART 12-2
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DEREGISTRATION
Division 546
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Deregistration
SECTION 546-35
546-35
CLAIMS AGAINST INSURERS OF DEREGISTERED CORPORATION
A person may recover from the insurer of an Aboriginal and Torres Strait Islander corporation that is deregistered an amount that was payable to the corporation under the insurance contract if: (a) the corporation had a liability to the person; and (b) the insurance contract covered that liability immediately before deregistration.
A person may recover from the insurer of an Aboriginal and Torres Strait Islander corporation that is deregistered an amount that was payable to the corporation under the insurance contract if: (a) the corporation had a liability to the person; and (b) the insurance contract covered that liability immediately before deregistration.