Section 885G — Corporations Act 2001 (Cth)

(1) The compensation rules must provide for how claims in respect of Division 3 losses are to be made and determined, and for how claimants are notified of the outcome of their claims.

(2) Without limiting subsection (1), the compensation rules may:

(a) require a person making a claim to pay money, or transfer other property, in support of a claim; and

(b) provide for claims to be disallowed unless persons exercise rights of set‑off; and

(c) set time limits for the making of claims; and

(d) provide for claims to be partially allowed (including, for example, in a case where the operator considers that the claimant’s conduct contributed to the loss).

Related sections

• s 885D — Certain losses that are not Division 3 losses
• s 885E — The amount of compensation
• s 885F — Method of payment of compensation
• s 885H — The source of funds—general
• s 885I — Administration and monitoring
• s 885J — The losses to be covered—other matters to be taken into account

Research how courts apply s 885G

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.