Victorian Current Acts

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LEGAL PROFESSION UNIFORM LAW APPLICATION ACT 2014 - SECT 116

Payments out of Liability Fund

There may be paid out of the Liability Fund

        (a)     premiums, brokerage and commissions payable by the Liability Committee for insurance, reinsurance or any other arrangements for limitation of liability entered into by it; and

        (b)     amounts payable under contracts of insurance entered into by the Liability Committee with law practices; and

        (c)     the cost of the administration of the Liability Fund, including remuneration of staff of the Liability Committee and amounts (if any) payable to consultants engaged by the Committee; and

        (d)     any other costs and expenses incurred by the Liability Committee under the Legal Profession Uniform Law (Victoria) or this Act.



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