103LPayment of claims

#### 103L Payment of claims 103L Payment of claims > If the Authority accepts a claim by a beneficiary, the Authority must pay to the beneficiary (or a person nominated by the beneficiary) out of the guarantee fund the amount assessed by the Authority as payable under the indemnity provided by this Division. > > **s 103L:** Ins 2001 No 41, Sch 2 \[1\]. Am 2017 No 28, Sch 1 \[48\]–\[50\]; 2024 No 53, Sch 2.2\[4\].