s 5
In forceMeaning of territory risk
Part 1Preliminary
5 Meaning of territory risk
For this Act, a territory risk is any risk of the Territory, and includes—
(a)
a direct risk of the Territory or a territory entity; and
(b)
a risk accepted by the Territory or a territory entity; and
(c)
a risk arising under a guarantee or indemnity given by the Territory or a territory entity;
whether or not the risk relates to an officer, employee or agent of the Territory or a territory entity or to property owned by or held on behalf of the Territory or a territory entity.
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