Section 22Part 5 — Insolvency or Bankruptcy of Employer
Employer liable for compensation to disclose insurer
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If the employer becomes insolvent and is ordered to pay compensation under this Law, he shall, if requested disclose whether he is insured against personal injury to or death of the workman employed by him and if so insured, the name and address of the insurer and the amount for which he is insured.
When the insurer indemnifies an employer against liability to pay compensation and had used or uses that employer’s name or has acted on his behalf in any proceedings under this Law, that insurer shall be bound by the decision given upon those proceedings in the same manner and to the same extent as the employer, and the insurer shall indemnify the employer accordingly:
Provided that the liability of the insurer shall be limited by the terms and conditions of the policy of insurance subsisting between him and the employer.