s 5A
In forcePremium income threshold for eligible cyclone loss cover
5A Premium income threshold for eligible cyclone loss cover
(1)
For the purposes of subsection 8A(5) of the Act, the prescribed threshold amount is $10 million.
(2)
For the purposes of subsection 8A(6) of the Act, the prescribed reporting standard is Reporting Standard GRS 600.0 Supplementary Capital Data: Premiums and Claims, set out in the Financial Sector (Collection of Data) (reporting standard) determination No. 96 of 2023.
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