ASIC |
means the Australian Securities and Investments Commission.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
avoid |
, in relation to a contract of insurance, means from its inception.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
benefit derived and detriment avoided |
because of an offence has the meaning given by section 75F.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 75F Meaning of benefit derived and detriment avoided because of a contravention of a civil penalty provision
Insurance Contracts Act 1984 - 11 Interpretation
|
binder |
means an authority given by an insurer to an insurance intermediary to enter into, as agent for the insurer, contracts of insurance on behalf of the insurer as insurer.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
brokers placing slip |
means a document that:
(a) is evidence of a contract of insurance; and
(b) bears a notation by an insurer setting out the extent of the insurance cover that the insurer agrees to provide under the contract.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
business day |
means a day that is not a Saturday, a Sunday or a public holiday or bank holiday.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
civil penalty provision |
: a subsection of this Act (or a section of this Act that is not divided into subsections) is
a
if: |
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
consumer credit insurance |
means insurance provided by a class of contracts of insurance:
(a) that is declared by the regulations to be a class of contracts to which Division 1 of Part V of this Act applies; and |
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
consumer insurance contract |
has the meaning given by section 11AB.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
Insurance Contracts Act 1984 - 11AB Consumer insurance contracts
|
contravention |
:
(a) in relation to an offence against a law—includes an ancillary offence relating to the offence against the law; and
(b) in relation to a civil penalty provision—has a meaning affected by section 75Q.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 75Q Attempt and involvement in contravention treated in same way as actual contravention
Insurance Contracts Act 1984 - 11 Interpretation
|
duty of disclosure |
means the duty referred to in section 21.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
Insurance Contracts Act 1984 - 21 The insured’s duty of disclosure
|
duty of the utmost good faith |
means the duty referred to in section 13.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
Insurance Contracts Act 1984 - 13 The duty of the utmost good faith
|
duty to take reasonable care not to make a misrepresentation |
means the duty referred to in section 20B.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
Insurance Contracts Act 1984 - 20B The insured’s duty to take reasonable care not to make a misrepresentation
|
engage in conduct |
means:
(a) do an act; or
(b) omit to perform an act.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
friendly society |
has the meaning given by section 16C.
|
Life Insurance Act 1995 |
Life Insurance Act 1995 - 16B Definitions
Life Insurance Act 1995 - 16C What is a friendly society?
|
group life contract |
means a contract of life insurance that is maintained for the purposes of:
(a) a superannuation or retirement scheme under which there can be more than one life insured; or |
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
guardian |
, in relation to a person who has not attained the age of 18 years, means a person who acts in the place of a parent of the person but does not include a person who so acts only for limited or particular purposes or periods.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|
holder |
has the meaning given by section 9.
|
Retirement Savings Accounts Act 1997 |
Retirement Savings Accounts Act 1997 - 16 Definitions
Retirement Savings Accounts Act 1997 - 9 Meaning of hold and holder
|
infringement notice |
means a notice given under section 75W.
|
Insurance Contracts Act 1984 |
|
insurance broker |
means a person who carries on the business of arranging contracts of insurance, whether in Australia or elsewhere, as agent for intending insureds.
|
Insurance Contracts Act 1984 |
Insurance Contracts Act 1984 - 11 Interpretation
|