127BNominal Insurer Special Account

### 127B Nominal Insurer Special Account > [*\[Section 127B Inserted by No. 48 of 2001, s. 6, Applied:01 Aug 2001\]*](/view/html/inforce/2001-08-01/act-2001-048#GS6@EN) > > > (1)  The Nominal Insurer is to establish a Special Account in the Nominal Insurer Fund into which money received by the Nominal Insurer by way of special contributions under [section 128A(2)](#GS128A@Gs2@EN) is to be paid. > > > (2)  The Nominal Insurer is to pay from the Special Account – > > > > > > (aa) [*\[Section 127B Subsection (2) amended by No. 16 of 2004, s. 6, Applied:29 Jun 2004\]*](/view/html/inforce/2004-06-29/act-2004-016#GS6@EN) any amount payable under [section 126A(2)](#GS126A@Gs2@EN) ; and > > > > > > > (a) amounts of the type specified in [section 127A(3)](#GS127A@Gs3@EN) that are determined by the Nominal Insurer to be paid from the Special Account; and > > > > > > > (b) amounts required to be paid by the Nominal Insurer under [section 128A(14)](#GS128A@Gs14@EN) and [(15)](#GS128A@Gs15@EN) ; and > > > > > > > (c) [*\[Section 127B Subsection (2) amended by No. 85 of 2009, s. 42, Applied:01 Jul 2010\]*](/view/html/inforce/2010-07-01/act-2009-085#GS42@Hpa@EN) the repayment of any money borrowed by the Nominal Insurer under [section 129A](#GS129A@EN) together with any interest payable on the money borrowed or costs associated with any other arrangements entered into by the Nominal Insurer for the payment of amounts referred to in [paragraph (a)](#GS127B@Gs2@Hpa@EN) ; and > > > > > > > (d) [*\[Section 127B Subsection (2) amended by No. 85 of 2009, s. 42, Applied:01 Jul 2010\]*](/view/html/inforce/2010-07-01/act-2009-085#GS42@Hpb@EN) all amounts required to be paid from the Special Account in accordance with a direction under [section 127C](#GS127C@EN) .