Commonwealth Consolidated Acts

INSURANCE ACT 1973 - SECT 62W

  (1)   None of the matters mentioned in subsection   (2) affect:

  (a)   the continued operation of other Parts of this Act in relation to a general insurer; or

  (b)   the operation of the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 in relation to a general insurer; or

  (c)   the obligation of a general insurer to comply with those other Parts and those Acts.

  (2)   The matters are as follows:

  (a)   the making by the Federal Court of an order that the general insurer be placed under judicial management;

  (b)   the commencement of the judicial management of the general insurer.