Queensland Consolidated Acts
[Search this Act]
MOTOR ACCIDENT INSURANCE ACT 1994 - SECT 91
91 Insolvent insurers
(1) If the commission publishes a gazette notice to the effect that a named
insurer previously licensed under this Act became insolvent on a particular
date, the insurer is presumed, for the purposes of this Act, to have become
insolvent on that date.
(2) The liquidator of an insolvent insurer must at
the commission’s request give any information the commission requires about
the stage reached by the insurer in processing claims before becoming
insolvent and any other information reasonably required by the commission.
Maximum penalty—25 penalty units.
AustLII: Copyright Policy