Insurance Regulations 2024
18Entitlement to payment of claimant under protected policy—period for making claim
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18 Entitlement to payment of claimant under protected policy—period for making claim
Start day (1) For the purposes of subparagraph 62ZZF(1)(b)(i) of the Act, the day on which the period mentioned in paragraph 62ZZF(1)(b) of the Act starts in relation to: (a) a person who is entitled to claim under insurance cover as mentioned in paragraph 62ZZF(1)(a) of the Act; and (b) a general insurer; is specified in the following table.
<table cellspacing="0" cellpadding="0" style="width:100%; border-collapse:collapse"><thead><tr><td colspan="3" style="border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Start day</span></p></td></tr><tr><td style="width:8.44%; border-top:1.5pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:63%; border-top:1.5pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 1</span></p><p class="TableHeading"><span>If …</span></p></td><td style="width:28.56%; border-top:1.5pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 2</span></p><p class="TableHeading"><span>the day on which the period starts is …</span></p></td></tr></thead><tbody><tr><td style="width:8.44%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:63%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the person did not make a claim under the insurance cover before the Minister made the declaration, under subsection</span><span> </span><span>62ZZC(1) of the Act, that Division</span><span> </span><span>3 of Part</span><span> </span><span>VC of the Act applies in relation to the general insurer</span></p></td><td style="width:28.56%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the day on which the Minister made the declaration.</span></p></td></tr><tr><td style="width:8.44%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>2</span></p></td><td style="width:63%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the person made a claim under the insurance cover before the Minister made the declaration, under subsection</span><span> </span><span>62ZZC(1) of the Act, that Division</span><span> </span><span>3 of Part</span><span> </span><span>VC of the Act applies in relation to the general insurer</span></p></td><td style="width:28.56%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>the day on which the person made the claim.</span></p></td></tr></tbody></table>