Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 12 - TRANSFER OF REGISTRATION, DEREGISTRATION AND UNCLAIMED PROPERTY  

PART 12-2 - DEREGISTRATION  

Division 546 - Deregistration  

SECTION 546-35  

546-35   CLAIMS AGAINST INSURERS OF DEREGISTERED CORPORATION  
A person may recover from the insurer of an Aboriginal and Torres Strait Islander corporation that is deregistered an amount that was payable to the corporation under the insurance contract if:

(a)    the corporation had a liability to the person; and

(b)    the insurance contract covered that liability immediately before deregistration.




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