Section 220 — Workers Compensation Act 1987 (NSW)

(1) A claims transfer agreement is subject to the following conditions—
(a) such conditions as may be included in the agreement,
(b) such conditions as the Authority may from time to time notify to the claim agent during the currency of the agreement,
(c) any conditions prescribed by the regulations.
(2) A condition of a claims transfer agreement also operates as a condition of the insurer’s licence (or the insurer’s licence that the claim agent is deemed to hold in respect of a policy of insurance to which a transferred claim relates).
(3) A corporation that is a party to a claims transfer agreement must comply with any conditions to which the claims transfer agreement is subject.

Related sections

• s 217 — Definition
• s 218 — Agreements for transfer of claims to insurers
• s 219 — Effect of claims transfer agreement
• s 224A — Definitions
• s 224B — Declaration of defaulting insurers
• s 224C — Insurance Fund may be applied to meet claims etc of defaulting insurers

Research how courts apply s 220

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