Section 9.20 — Motor Accident Injuries Act 2017 (NSW)

Investment of funds of licensed insurer

(cf s 175 MACA)
(1) It is a condition of a licence granted under this Act that the licensed insurer, if required to do so by the Authority, must provide the Authority with details of the way in which its third-party funds and other funds are invested.
(2) The third-party funds of a licensed insurer are the funds of the insurer derived from the payment of insurance premiums for third-party policies and from their investment.

Sourced from the New South Wales Legislation website at 9 June 2026. For the latest information on New South Wales Government legislation please go to https://www.legislation.nsw.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 9.17 — Determination of market share of each insurer
s 9.18 — Business plans of licensed insurers
s 9.19 — Re-insurance arrangements of licensed insurers
s 9.21 — Accounts, returns and other records of licensed insurer
s 9.22 — Audit of accounting and other records and performance audit
s 9.23 — Information and documents as to business and finances to be supplied to Authority by insurers and former insurers

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