Motor Vehicles Insurance Act Amendment Act 1969 (Qld)

202 ANNO OCT ODECIMO ELIZABETHAE SECUNDAE REGINAE No. 34 of 1969 An Act to Amend The Motor Vehicles Insurance Acts, 1936 to 1968 in a certain particular [ASSENTED To 19TH DECEMBER, 1969] BE IT ENACTED by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- 1. Short title and citation . (1) This Act may be cited as the Motor Vehicles Insurance Act Amendment Act 1969. (2) The Motor Vehicles Insurance Act of 1936 as subsequently amended is in this Act referred to as the Principal Act. (3) The Principal Act as amended by this Act may be cited as the Motor Vehicles Insurance Act 1936-1969. 2. New s. 14A. The Principal Act is amended by inserting after section 14 the following section.- 6614A. Extension of s. 14 to certain claims. (1) Upon the liquidator of Standard Insurance Company Limited declaring a final dividend in relation to debts of the company which have been admitted by the liquidator in the winding up of the company and which are afforded priority therein by section 339 of The Companies Acts, 1931 to 1960, the provisions of subsections

Motor Vehicles Insurance Act Amendment Act 1969, No. 34 203 (1), (2), (8) and (10) of section 14 of this Act shall apply to any claim for damages (being a claim to which that section is expressed to apply) of a person who, at the date of the declaration by the liquidator of that final dividend- (a) has notified the liquidator of such claim; and (b) has not finalized such claim with the liquidator, and whose claim is not barred by reason of any period of limitation prescribed by an Act of any State or Territory of the Commonwealth material to the claim in question. (2) For the purpose of applying the provisions of the said subsections of section 14 of this Act as prescribed by this section it shall be deemed that the other subsections of that section had not been enacted.". 3. Protection of liquidator . The liquidator of Standard Insurance Company Limited may declare and pay a final dividend in relation to the debts of the company which are specified in section 14A of the Motor Vehicles Insurance Act 1936-1969 without regard to any claim specified in that section or to any claim for debt or indemnity arising out of or as a consequence of any such claim and he shall not be liable in law by reason of his so doing.