Medical Indemnity (Competitive Advantage Payment) Act 2005
Distinguished Terms in this instrument
| Term(s) | Definition | Defined in Legislation | See Section(s) |
|---|---|---|---|
| competitive advantage payment | means a payment that is payable under Division 2A of Part 3 of the Medical Indemnity Act 2002 . |
Medical Indemnity (Competitive Advantage Payment) Act 2005 | |
| contribution year | has the meaning given by section 5. |
Medical Indemnity (Competitive Advantage Payment) Act 2005 | |
| medical indemnity cover | has the same meaning as in the Medical Indemnity Act 2002 . |
Medical Indemnity (Competitive Advantage Payment) Act 2005 | |
| medical indemnity insurer | has the same meaning as in the Medical Indemnity Act 2002 . |
Medical Indemnity (Competitive Advantage Payment) Act 2005 | |
| net IBNR exposure | of a participating MDO has the same meaning as in the Medical Indemnity Act 2002 . |
Medical Indemnity (Competitive Advantage Payment) Act 2005 | |
| participating MDO | of a medical indemnity insurer means a participating MDO (within the meaning of the Medical Indemnity Act 2002 ) that has as a member a person for whom the insurer is providing medical indemnity cover under an arrangement with the participating MDO. |
Medical Indemnity (Competitive Advantage Payment) Act 2005 | |
| unfunded IBNR factor | for a participating MDO has the same meaning as in the Medical Indemnity Act 2002 . |
Medical Indemnity (Competitive Advantage Payment) Act 2005 |