154C Authority to act for Nominal Insurer
(1) The Authority acts for the Nominal Insurer and anything done or
omitted to be done by the Authority on behalf of or in the name of the Nominal
Insurer is taken to have been done or omitted by the Nominal
(2) In acting for the Nominal Insurer, the Authority has and may
exercise all the functions of the Authority under this Act, the 1998 Act or
any other Act or law.
(3) A liability incurred by the Authority when acting for the Nominal
Insurer is a liability of the Nominal Insurer and not a liability of the
Authority or the State.
(4) To remove doubt, it is declared that the provisions of Division 2A
of Part 3 of the Public Finance and Audit
Act 1983 extend to authorise a performance audit by the
Auditor-General under that Division in respect of any activities of the
Authority when acting for the Nominal Insurer.