359
In forceMeaning of insurance industry deed
Chapter 7MAI insurer licences
Part 7.2MAI insurer licences—insurance industry deed
359 Meaning of insurance industry deed
In this Act:
insurance industry deed means a deed that—
(a)
is between—
(i)
the Territory; and
(ii)
the nominal defendant; and
(iii)
licensed insurers; and
(b)
regulates the conduct of MAI insurance business of licensed insurers and matters incidental to—
(i)
the conduct of MAI insurance business of licensed insurers; and
(ii)
the motor accident injury insurance scheme under this Act.
This Act’s bill:Explanatory statementSecond reading speech
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