Financial System Legislation Amendment (Financial Claims Scheme and Other Measures) Act 2008 (105 of 2008)
Schedule 3 Other measures: general insurance
Part 1 Main amendments
Insurance Act 1973
21 At the end of subsection 116A(2)
Add:
Note: Subsection 116(3) gives priority to discharge of liabilities in Australia when a general insurer is being wound up.
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