NSWIn ForceAct
Motor Accidents Compensation Act 1999
193Borrowings for the purposes of the Nominal Defendant’s Fund
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193 Borrowings for the purposes of the Nominal Defendant’s Fund
193 Borrowings for the purposes of the Nominal Defendant’s Fund
(cf s 127A MAA)
The Nominal Defendant may from time to time borrow such amounts as the Nominal Defendant considers are necessary to satisfy claims and judgments arising from or pertaining to third-party policies issued by an insolvent insurer which would otherwise be unable to be met from the money in the Nominal Defendant’s Fund.