Corporations Amendment Regulations 2002 (No. 2) (16 of 2002)

Schedule 1   Amendments commencing at 12.01 am (in the Australian Capital Territory) on 11 March 2002

[34]   Subregulation 7.5.75 (2)

omit

the SEGC's right to be subrogated to any of the claimant's rights and remedies in relation to the loss to which the claim relates.

insert

the SEGC's ability under section 892F of the Act to recover the amount of the compensation that would otherwise be payable to the claimant in respect of the claimant's claim.