Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1066

Applications for compensation payments

  (1)   A person may apply, in the approved form, to the CSLR operator for compensation for a relevant AFCA determination made in respect of the person.

  (2)   An application is in the approved form if and only if:

  (a)   it is in the form approved by the CSLR operator; and

  (b)   it includes any information (including any declarations) required by the form; and

  (c)   it is given in the manner required by the CSLR operator.

  (3)   The CSLR operator may approve a form for the purposes of paragraph   (2)(a).

  (4)   If a person makes an application for compensation for a relevant AFCA determination made in respect of the person, the person may:

  (a)   amend the application at any time before the CSLR operator offers under section   1068 to the person an amount of compensation for the determination; or

  (b)   withdraw the application any time before the person accepts under 1069 such an offer.


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