NSWIn ForceAct
Funeral Funds Act 1979
107Failure to transfer business in accordance with directions of Secretary
Start here
Get a plain-English read of 107
Turn the raw legal text into a practical explanation grounded in Funeral Funds Act 1979.
#### 107 Failure to transfer business in accordance with directions of Secretary
107 Failure to transfer business in accordance with directions of Secretary
> > (1) If an existing funeral contribution fund fails to transfer the fund’s contributory funeral benefit business in accordance with the directions of the Secretary under section 105 (other than directions to pay any amount under section 106), the Secretary may, by notice in writing served on the existing fund, revoke the directions for the transfer.
>
> > (2) Where directions for the transfer of the contributory funeral benefit business of an existing funeral contribution fund are revoked under subsection (1), the existing fund shall be deemed to have notified the Secretary that the fund proposes to refund, in accordance with Division 2, contributions paid by contributors in connection with that business.