Terrorism and Cyclone Insurance Act 2003 | structure.gov.au

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.

Terrorism and Cyclone Insurance Act 2003

Submitted by Richard_Li on Fri, 02/17/2023 - 00:42

Link

Terrorism and Cyclone Insurance Act 2003

Enables

Australian Reinsurance Pool Corporation

Distinguished Terms in this instrument

Term(s)	Definition	Defined in Legislation	See Section(s)
financial year	, when used in a provision outside Schedule 2, has the following meaning:	Corporations Act 2001
general insurer	has the meaning given by section 11.	Insurance Act 1973	Insurance Act 1973 - 3 Persons involved in contravening civil penalty provision Insurance Act 1973 - 11 Meaning of general insurer
home building	means a home building as defined by the regulations for the purposes of that paragraph.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions Terrorism and Cyclone Insurance Act 2003 - 8B Definition of pool insurance contract Terrorism and Cyclone Insurance Act 2003 - 1 Short title Terrorism and Cyclone Insurance Act 2003 - 8 Effect of terrorism exclusions in eligible insurance contracts
Lloydâs underwriter	has the same meaning as in the Insurance Act 1973 .	Terrorism and Cyclone Insurance Act 2003
member	means a member of the Corporation, and includes the Chair.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
own	, in relation to eligible property, includes:	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
pool insurance contract	has the meaning given by section 8B.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions Terrorism and Cyclone Insurance Act 2003 - 8B Definition of pool insurance contract
reduction percentage	means a reduction percentage specified in a declaration under section 6, and includes such a percentage as varied under that section.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
reintensify	, in relation to a cyclone, has the meaning prescribed by the regulations.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
startup time	means the beginning of 1 July 2003 .	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
terrorist act	has the meaning given by section 5.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
unauthorised foreign insurer	has the same meaning as in the Insurance Regulations 2002 .	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions
unit	in a strata or community title development has the meaning prescribed by the regulations.	Terrorism and Cyclone Insurance Act 2003	Terrorism and Cyclone Insurance Act 2003 - 3 Definitions

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.