Section 892F — Corporations Act 2001 (Cth)

Part 7.5 authority’s right of subrogation if compensation is paid

(1) If compensation in respect of a claim is paid under Division 3 arrangements or Division 4 arrangements, the Part 7.5 authority in relation to the arrangements is subrogated, to the extent of that payment, to all the claimant’s rights and remedies in relation to the loss to which the claim relates.

(2) The Part 7.5 authority may also recover from the participant or participants who caused the loss the costs it incurred in determining the claim.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 892C — Money in a Part 7.5 regulated fund may be invested
s 892D — Powers of Part 7.5 authority to require production or delivery of documents or statements
s 892E — Power to require assistance for purpose of dealing with a claim
s 892G — Excess money in Part 7.5 regulated funds
s 892H — Accounting and reporting
s 892I — Division 3 arrangements—reporting in situations where compensation does not come out of a Part 7.5 regulated fund

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