16BPolicyholders Protection Fund

#### 16B Policyholders Protection Fund 16B Policyholders Protection Fund > > (1) There is established in the Special Deposits Account a Policyholders Protection Fund. > > > (2) The following is to be paid into the Fund— > > > > > (a) money appropriated by Parliament to the Fund under section 16C, > > > > > (b) (Repealed) > > > > > (c) money required to be paid into the Fund from the Nominal Defendant’s Fund in accordance with section 16G, > > > > > (d) any gift or bequest of money for the purposes of the Fund, > > > > > (e) any money appropriated by Parliament for the purposes of the Fund, > > > > > (f) any other money required by law to be paid into the Fund. > > > (3) The following is to be paid from the Fund— > > > > > (a) (Repealed) > > > > > (b) money required to be paid from the Fund into the Nominal Defendant’s Fund in accordance with section 16E, > > > > > (c) money to be paid from the Fund into the Consolidated Fund in accordance with section 16H, > > > > > (ca) money the Treasurer directs to be paid from the Fund for the purposes of providing a refund to insurers in accordance with section 3C, > > > > > (d) any other money required by law to be paid from the Fund. > > **s 16B:** Ins 2001 No 41, Sch 1 \[2\]. Am 2010 No 46, Sch 5 \[2\]; 2024 No 53, Sch 2.4\[3\].