Section 9.42 — Motor Accident Injuries Act 2017 (NSW)

Borrowings for the purposes of the Nominal Defendant’s Fund

(cf s 193 MACA)
The Nominal Defendant may from time to time borrow such amounts as the Nominal Defendant considers are necessary to satisfy claims and judgments arising from or pertaining to third-party policies issued by an insolvent insurer which would otherwise be unable to be met from the money in the Nominal Defendant’s Fund.

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 9.39 — Application of Nominal Defendant’s Fund
s 9.40 — Recovery of amounts under contracts or arrangements for re-insurance
s 9.41 — Payments of compensation when insolvent insurer dissolved
s 9.43 — Inspection of documents by person authorised by Minister
s 9.44 — Nominal Defendant may take certain legal proceedings
s 9.45 — Insurers or other persons may act for Nominal Defendant

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