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Medical Indemnity (Prudential Supervision and Product Standards) Act 2003

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
APRA

means the Australian Prudential Regulation Authority.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
arrangement

includes a contract of insurance.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
ASIC

means the Australian Securities and Investments Commission.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
breach the minimum cover rules

has the meaning given by subsection (8).

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 8 Application of Act
Chief Executive Medicare

means the referred to in section 4.

Human Services (Medicare) Act 1973 Human Services (Medicare) Act 1973 - 3 Definitions
Human Services (Medicare) Act 1973 - 4 Chief Executive Medicare
claim

:

(a) means a claim or demand of any kind (whether or not involving legal proceedings); and

(b) includes proceedings of any kind including:

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
claims period

, in relation to a regulated insurance contract, has the meaning given by subsection 21(3).

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 21 Regulated insurance contracts
claims‐made based cover

has the meaning given by subsections 6(2) and (3).

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 6 Claims‐made based cover and incident‐occurring based cover
client

, in relation to a regulated insurance contract, has the meaning given by subsection 21(2).

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 21 Regulated insurance contracts
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
come into effect

, in relation to an arrangement, has the meaning given by subsection (4).

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
compensation claim

means a claim for compensation or damages that is made against a health care professional in relation to a health care incident.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
complying offer

has the meaning given by section 24.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 24 Complying offer
compulsory new contract offer

, in relation to a new regulated insurance contract, means an offer under section 22.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 22 Additional offer of retroactive cover when regulated insurance contract entered into, comes into effect or is renewed
compulsory offer period

, in relation to an offer made under section 23, means the period referred to in paragraph 24(2)(b) in relation to the offer.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
constitutional corporation

means a corporation to which paragraph 51(xx) of the Constitution applies.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
enter into

, in relation to certain arrangements, has a meaning affected by section 7.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 7 When certain death, disability and retirement arrangements are taken to be entered into
entity

means:

(a) a body corporate; or

(b) a partnership; or

(c) any other unincorporated association or body of persons; or

(d) a trust.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
general insurer

has the meaning given by section 11.

Insurance Act 1973 Insurance Act 1973 - 11 Meaning of general insurer
Insurance Act 1973 - 3 Interpretation
health care

means any care, treatment, advice, service or goods provided in respect of the physical or mental health of a person.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions
health care incident

, in relation to a health care professional, means an incident that occurs in the course of, or in connection with, the provision of health care by the health care professional.

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 - 4 Definitions

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