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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS    View history reference

Division 3 - Approved compensation arrangements    View history reference

Subdivision D - Are compensation arrangements adequate?    View history reference

SECTION 885F  METHOD OF PAYMENT OF COMPENSATION  

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885F(1)  [Payment of compensation]  


The compensation rules must deal with how compensation in respect of Division 3 losses is to be paid.

885F(2)  [Lump sum or instalments]  


Without limiting subsection (1), the compensation rules may provide for compensation to be paid in a lump sum or by instalments.


 



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