Medical Indemnity Act 2002

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)
run‐off cover indemnity	means a run ‐ off cover indemnity paid or payable under Division 2B of Part 2.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 4 Definitions
run‐off cover support payment	means a payment payable under Division 2 of Part 3.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 4 Definitions
Secretary	means the Secretary of the Department.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 4 Definitions
subject to appeal	: a judgment or order is subject to appeal until:	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 4 Definitions
termination date	means the date, if any, set by regulations under section 34G.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 34G Setting the exceptional claims termination date Medical Indemnity Act 2002 - 4 Definitions
total run‐off cover credit	has the meaning given by section 34ZS.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 34ZS Total run - off cover credits Medical Indemnity Act 2002 - 4 Definitions
UMP	means United Medical Protection Limited.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 4 Definitions
unfunded IBNR exposure	: an MDO has an unfunded IBNR exposure on 30 June 2002 if the MDO had, on that day, insufficient readily available assets to cover both its IBNR exposure and all its other liabilities.	Medical Indemnity Act 2002	Medical Indemnity Act 2002 - 4 Definitions