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Section 61 - Insurance Contracts Act 1984 - Insurers in liquidation — Zoe

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Insurance Contracts Act 1984

61Insurers in liquidation

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#### 61 Insurers in liquidation (1) Where an insurer under a contract of general insurance is a company that is in liquidation, the insurer may at any time cancel the contract. (2) Subsection (1) does not affect the operation of a law (including a law of a State or Territory) that relates to the disclaimer of unprofitable contracts to which a company that is in liquidation is a party.

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