12DCPayments to Fund

12DC Payments to Fund

12DC Payments to Fund

The following must be paid into the Fund—

(a) all money received by the Self Insurance Corporation—

(i) as premiums for special liability insurance, or

(ii) from re-insurers in connection with special liability insurance, or

(iii) by the exercise of any right of subrogation or other right of recovery in connection with special liability insurance, or

(iv) under any security, guarantee or recourse held by the Self Insurance Corporation in connection with special liability insurance,

(b) all money—

(i) advanced to the Fund by the Minister, or

(ii) appropriated by Parliament for the purposes of the Fund, or

(iii) directed or authorised to be paid into the Fund by or under this or another Act,

(c) the proceeds of the investment of money in the Fund.

s 12DC: Ins 2024 No 54, Sch 1[7].