Commonwealth Consolidated Acts

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MEDICAL INDEMNITY (PRUDENTIAL SUPERVISION AND PRODUCT STANDARDS) ACT 2003 - SECT 20

Amount payable by insurer

    To avoid doubt, in working out for the purposes of this Division the maximum amount payable by an insurer under a contract of insurance, disregard the following:

  (a)   any right the insurer may have to a high cost claim indemnity under the Medical Indemnity Act 2002 ;

  (aa)   any right the insurer may have to a run - off cover indemnity under the Medical Indemnity Act 2002 ;

  (ab)   any right the insurer may have to an allied health high cost claim indemnity under the Medical Indemnity Act 2002 ;

  (b)   any right the insurer may have to contribution from another insurer;

  (c)   any right to which the insurer is subrogated under the contract of insurance.


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