CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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)   [ Payment of compensation]  

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

885F(2)   [ Lump sum or instalments]  

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


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