S 149-30 repealed by No 87 of 2015, s 3 and Sch 1 item 65, effective 1 July 2015. For transitional provisions, see note under s
3-15
. S 149-30 formerly read:
SECTION 149-30 TERMINATING MANAGERS DISPLACE MANAGEMENT OF FUNDS
149-30
If a *terminating manager of the *health benefits funds of a private health insurer has been appointed, then, for so long as the appointment is in force and until the termination is completed:
(a)
the management of the fund vests in the terminating manager; and
(b)
any *officer of the *responsible insurer for the fund who was vested with the management of the fund immediately before the appointment is, by force of this section, divested of that management.