General Insurance Supervisory Levy Imposition Act 1998

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

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Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
index number	, in relation to a quarter, means the All Groups Consumer Price Index number, being the weighted average of the 8 capital cities, published by the Australian Statistician in respect of that quarter.	General Insurance Supervisory Levy Imposition Act 1998	General Insurance Supervisory Levy Imposition Act 1998 - 6 Definitions
indexation factor	means the calculated under section 9.	General Insurance Supervisory Levy Imposition Act 1998	General Insurance Supervisory Levy Imposition Act 1998 - 6 Definitions General Insurance Supervisory Levy Imposition Act 1998 - 9 Calculation of indexation factor
levy imposition day	, in relation to a general insurance company for a financial year, means: (a) if the general insurance company is a general insurance company on 1 July of the financial year—that day; or	General Insurance Supervisory Levy Imposition Act 1998	General Insurance Supervisory Levy Imposition Act 1998 - 6 Definitions
special statutory upper limit	means: (a) in relation to the financial year commencing on 1 July 2006—$500,000; or	General Insurance Supervisory Levy Imposition Act 1998	General Insurance Supervisory Levy Imposition Act 1998 - 6 Definitions
statutory upper limit	means: (a) in relation to the financial year commencing on 1 July 2005—$1,500,000; or	General Insurance Supervisory Levy Imposition Act 1998	General Insurance Supervisory Levy Imposition Act 1998 - 6 Definitions