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COMMONWEALTHAct
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s 66

Definitions

In force
Part VIILloyd’s
Division 1Preliminary

66 Definitions

In this Part:

designated security trust fund has the meaning given by section 69.

insurance liability means a liability under a contract of insurance.

judicial trustee has the meaning given by section 92.

legal personal representative means:

(a)

the executor of the will, or the administrator of the estate, of a deceased person; or

(b)

the trustee of the estate of a person under a legal disability; or

(c)

a person who holds an enduring power of attorney granted by another person; or

(d)

a person who, by order of a court or otherwise, has the legal administration or control of the affairs of another person.

qualified corporation means a body corporate that is:

(a)

a corporation to which paragraph 51(xx) of the Constitution applies; and

(b)

a company incorporated, or taken to be incorporated, under the Corporation Act 2001.

security trust fund has the meaning given by section 67.

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Section 66 — Definitions — Insurance Act 1973 (Commonwealth) — Barrister AI