133ARepayment of certain amounts

#### 133A Repayment of certain amounts 133A Repayment of certain amounts > > (1) If a claimant— > > > > > (a) receives a payment from the Torrens Assurance Fund in respect of the claim, and > > > > > (b) receives or recovers from another source or sources a payment on account of the compensable loss, and > > > > > (c) there is a surplus after deducting the amount of the compensable loss from the total amount received or recovered by the claimant from both or all sources, > > > > the amount of the surplus is a debt payable by the claimant to the Torrens Assurance Fund. > > > (2) However, the amount payable by the claimant cannot exceed the amount the claimant received from the Torrens Assurance Fund in respect of the claim. > > **s 133A:** Ins 1992 No 96, Sch 1 (7). Rep 2000 No 28, Sch 1 \[12\]. Ins 2009 No 17, Sch 1 \[28\].