Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1239F

                   A person may recover from the insurer of a CCIV an amount that was payable to the CCIV under the insurance contract if:

                     (a)  a sub-fund of the CCIV is deregistered; and

                     (b)  the CCIV has a liability to the person that was a liability of the sub-fund; and

                     (c)  the insurance contract covered that liability immediately before the sub-fund was deregistered.