Australian Capital Territory Current Acts

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DI fund paying claims for payment if liability not completely covered by a compulsory insurance policy and settlement approved

    (1)     This section applies to a claim for payment if—

        (a)     the claim was made by a person who—

              (i)     is mentioned in section 170 (1) (a); and

              (ii)     is eligible to make a claim for payment under section 170E, section 170F or section 170G; and

Note     Under s 170E, s 170F and s 170G, the employer's liability is not covered by a compulsory insurance policy.

        (b)     the terms of settlement of the claim are approved by the Magistrates Court or DI fund manager under this division.

    (2)     The DI fund manager must pay the claimant out of the DI fund the amount necessary to satisfy the claim in accordance with the terms of settlement.

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