218Agreements for transfer of claims to insurers

#### 218 Agreements for transfer of claims to insurers 218 Agreements for transfer of claims to insurers > > (1) The Authority may enter into an agreement (a claims transfer agreement) with a corporation for the transfer to the corporation of the liabilities of the Nominal Insurer in respect of a claim under a policy of insurance for which the Nominal Insurer is the insurer. > > > (2) A claims transfer agreement can relate to particular claims or classes of claims. > > > (3) A claims transfer agreement entered into with a corporation may include provision for the following— > > > > > (a) the transfer to the corporation of any assets of the Insurance Fund in connection with the liabilities transferred by the agreement, > > > > > (b) requirements for the giving of notice to the person who is the employer in respect of a transferred claim. > > **s 218:** Am 1996 No 24, Sch 1. Rep 2003 No 81, Sch 2 \[66\]. Ins 2012 No 53, Sch 9.1 \[5\].