Commonwealth Consolidated Acts

INSURANCE ACT 1973 - SECT 62ZOY

  (1)   None of the matters mentioned in subsection   (2) affect:

  (a)   the continued operation of other provisions of this Act in relation to a body corporate; or

  (b)   the operation of the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 in relation to a body corporate; or

  (c)   the obligation of a body corporate to comply with those other provisions and those Acts.

  (2)   The matters are as follows:

  (a)   the appointment of an Insurance Act statutory manager of the body corporate's business under this Division;

  (b)   the fact that an Insurance Act statutory manager is in control of the body corporate's business.

  (3)   The Public Governance, Performance and Accountability Act 2013 does not apply to a body corporate that has an Insurance Act statutory manager.