Contents
43Arbitration provisions#
(1)Where a provision included in a contract of insurance has the effect of:
(a)requiring, authorizing or otherwise providing for differences or disputes in connection with the contract to be referred to arbitration; or
(b)limiting the rights otherwise conferred by the contract on the insured by reference to an agreement to submit a difference or dispute to arbitration;
the provision is void.
(2)Subsection (1) does not affect an agreement to submit a dispute or difference to arbitration if the agreement was made after the dispute or difference arose.
Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.