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Medical Indemnity (Prudential Supervision and Product Standards) Act 2003

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Medical Indemnity (Prudential Supervision and Product Standards) Act 2003
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
health care professional

:

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

includes:

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

has the meaning given by subsection 6(4).

 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
indemnify

has a meaning affected by subsection ( 2).

 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 - 2 Commencement
Lloyd’s underwriter

has the same meaning as in the Insurance Act 1973 .

 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003
MDO

has the meaning given by section 5.

 Medical Indemnity Act 2002 Medical Indemnity Act 2002 - 4 Definitions
Medical Indemnity Act 2002 - 5 Medical defence organisation (MDO)
medical practitioner

means an individual registered or licensed as a medical practitioner under a State or Territory law that provides for the registration or licensing of medical practitioners.

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

has the meaning given by section 16.

 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 - 16 Minimum cover amount
new regulated insurance contract

means a regulated insurance contract to which section 22 applies.

 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
otherwise uncovered prior incidents

for a health care professional has the meaning given by subsection 21(4).

 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
payable

, in relation to a compensation claim, has the meaning given by subsection ( 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
provide medical indemnity cover

has the meaning given by section 5.

 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 - 5 Providing medical indemnity cover
prudential standard

means a standard determined by APRA under section 32.

 Insurance Act 1973 Insurance Act 1973 - 3 Persons involved in contravening civil penalty provision
Insurance Act 1973 - 32 APRA may determine prudential standards
registered health professional

: an individual is a registered health professional if:

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

has the meaning given by subsection 21(1).

 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
relevant constitutional connection

has the meaning given by subsection ( 6).

 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
renew

has the meaning given by subsection ( 5).

 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 - 5 Providing medical indemnity cover
without medical indemnity cover

has the meaning given by subsection ( 3).

 Medical Indemnity (Prudential Supervision and Product Standards) Act 2003

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