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Terrorism Insurance Act 2003
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Department of the Treasury
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C2020C00316 C09
01 October 2020
-
30 March 2022
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Part 1—Preliminary
1 Short title
2 Commencement
3 Definitions
4 Act extends to things outside Australia
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Part 2—Insurance for terrorism risks
6 Declared terrorist incidents
7 Eligible insurance contracts
8 Effect of terrorism exclusions in eligible insurance contracts
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Part 3—Australian Reinsurance Pool Corporation
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Division 1—Establishment, functions and powers of the Corporation
9 Establishment of Corporation
10 Functions of Corporation
11 Powers of Corporation
12 Constitution of Corporation
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Division 2—Administrative provisions about members
13 Appointment of members
14 Acting Chair
15 Additional terms and conditions of appointment of members
16 Outside employment of members
17 Remuneration and allowances of members
18 Leave of absence
19 Resignation
20 Termination of appointment of members
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Division 3—Meetings of the Corporation
21 Times and places of meetings
22 Procedure at meetings
23 Resolutions without meetings
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Division 4—Chief Executive
24 Chief Executive
25 Duties of the Chief Executive
26 Termination of appointment
27 Acting appointments
28 Additional terms and conditions of appointment of Chief Executive
29 Outside employment of Chief Executive
30 Leave of absence
31 Resignation
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Division 5—Employees and consultants
32 Employees
33 Consultants
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Division 6—Finances
34 Application of money
35 Commonwealth guarantee
36 Liability to taxation
37 Appropriation of Consolidated Revenue Fund
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Division 7—Miscellaneous
38 Minister may give directions to Corporation
39 Evidence—Corporation’s seal
40 Delegation by Corporation
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Part 4—Miscellaneous
41 Review of Act
42 Compensation—constitutional safety net
43 Regulations
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Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history