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Insurance Acquisitions and Takeovers Act 1991

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
go‐ahead decision

means a decision under subsection 41(1).

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 35 Interpretation
Insurance Acquisitions and Takeovers Act 1991 - 41 Unconditional or conditional go - ahead decision
Insurance Acquisitions and Takeovers Act 1991 - 49 Interpretation
interest in a share

has the meaning given by section 11.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
Insurance Acquisitions and Takeovers Act 1991 - 11 Meaning of interest in a share
interest in an asset

has the meaning given by section 10.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 10 Meaning of interest in an asset
Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
lending money

includes providing non ‐ equity finance where the provision of the finance may reasonably be regarded as equivalent to lending money.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
moneylending agreement

means an agreement entered into in good faith in the ordinary course of carrying on a business of lending money, but does not include an agreement dealing with any matter unrelated to the carrying on of that business.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
non‐arm’s length arrangement

means an arrangement where the parties to the arrangement are not dealing with each other at arm’s length in relation to the arrangement.

Insurance Acquisitions and Takeovers Act 1991
non‐arm’s length transaction

means a transaction where the parties to the transaction are not dealing with each other at arm’s length in relation to the transaction.

Insurance Acquisitions and Takeovers Act 1991
officer

, in relation to a company, includes:

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
outstanding claims provision

, in relation to a company, means so much of the total provision for liabilities made in its accounts as consists of provision for claims, reduced by any allowance made in its accounts for reinsurance recoverables in respect of the claims.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
parent

: without limiting who is a parent of a person for the purposes of this Act, someone is the parent of a person if the person is his or her child because of the definition of child in this section.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
permanent restraining order

means an order under section 43.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 35 Interpretation
Insurance Acquisitions and Takeovers Act 1991 - 43 Permanent restraining order
Insurance Acquisitions and Takeovers Act 1991 - 49 Interpretation
prudential conduct

, in relation to a company, means the conduct by the company of its affairs (whether or not relating to the insurance business or life insurance business of the company):

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
reviewable decision

means a decision of the Minister under Part 3 or 4 or paragraph 66(1)(b).

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
Insurance Acquisitions and Takeovers Act 1991 - 66 Reconsideration of reviewable decision
share

, in relation to a company, means a share in the share capital of the company, and includes:

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
trigger proposal

has the meaning given by section 36.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 35 Interpretation
Insurance Acquisitions and Takeovers Act 1991 - 36 Meaning of trigger proposal —proposals to acquire or lease assets of Australian - registered insurance companies
Insurance Acquisitions and Takeovers Act 1991 - 49 Interpretation
unearned premiums provision

, in relation to a company, means so much of the total provision for liabilities made in its accounts as consists of provision for unearned premiums.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation
voting power

has the meaning given by section 13.

Insurance Acquisitions and Takeovers Act 1991 Insurance Acquisitions and Takeovers Act 1991 - 1 Short title
Insurance Acquisitions and Takeovers Act 1991 - 13 Voting power
Insurance Acquisitions and Takeovers Act 1991 - 4 Interpretation

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.