56EImmunity from liability for last resort providers

#### 56E Immunity from liability for last resort providers 56E Immunity from liability for last resort providers > > (1) A last resort provider assumes no financial or other liability of a failed licensee that accrued before the transfer date. > > > (2) A last resort provider is not liable for loss, damage or injury arising from the following, except to the extent to which the loss, damage or injury arises as a consequence of the negligence of the last resort provider— > > > > > (a) an act or omission of the failed licensee, or > > > > > (b) the condition of the essential infrastructure. > > **s 56E:** Ins 2021 No 26, Sch 1\[20\].