Document ID: chunk:federal_register_of_legislation:C2025C00157:section:62pc
Version: federal_register_of_legislation:C2025C00157
Segment Type: section
Provision Reference: s 62PC
Character Range: 194290–194994

62PC  Moratorium—Restrictions on exercise of third party property rights
 (1) Section 440B of the Corporations Act 2001 applies during a period in which a general insurer is under judicial management in the same way it applies during the administration of a company.
 (2) For the purposes of this section, treat the reference in paragraph 440B(2)(a) of the Corporations Act 2001 to the administrator's written consent as being a reference to the judicial manager's written consent.
 (3) The judicial manager is not liable to an action or other proceedings for damages in respect of a refusal to give consent as mentioned in subsection (2).
 (4) This section applies despite sections 62P, 62PA and 62PB.