Document ID: chunk:federal_register_of_legislation:C2024C00587:section:207
Version: federal_register_of_legislation:C2024C00587
Segment Type: section
Provision Reference: s 207
Character Range: 307660–308220

207  Whom the compensation is payable to
 (1) Compensation under section 205 for the cost of financial advice or legal advice is payable to:
 (a) the person who made the claim for compensation; or
 (b) if that person so directs:
 (i) the person who gave the advice; or
 (ii) any other person who incurred the cost of the advice.
Note: A special rule applies if a trustee is appointed under section 432.
 (2) An amount paid to the person who gave the advice discharges any liability of any other person for the cost of the advice to the extent of the payment.