Section 9.8 — Motor Accident Injuries Act 2017 (NSW)

(cf s 164 MAA)
(1) A licensed insurer may, with the approval of the Authority, assign its licence to another licensed insurer or to a corporation to whom the Authority proposes to grant a licence.
(2) The Authority must not approve the assignment of a licence unless the Authority is satisfied that the proposed assignee is able to meet the past, present and future liabilities of the assignor—
(a) under any third-party policy in respect of which the assignor is the insurer, and
(b) to the Motor Accidents Operational Fund under Division 10.4, and
(c) to any other licensed insurer.

Related sections

• s 9.6 — Matters that may be regulated by conditions of licences
• s 9.7 — Matters not subject to conditions of licences
• s 9.7A — Condition of licence not to engage excluded service providers
• s 9.9 — Suspension of licences
• s 9.10 — Imposition of civil penalty on or censure of licensed insurer
• s 9.11 — Cancellation of licences

Research how courts apply s 9.8

BriefBridge searches NSW and High Court caselaw by meaning — every answer cited to the paragraph.