Duties Act 1997

This Division applies to a contract of insurance—

that insures—

property in New South Wales as well as property in another place, or

a risk, contingency or event concerning an act or omission that, in the normal course of events, may occur within, or partly within, New South Wales as well as within, or partly within, another place,

that insures—

lives, or

any event or contingency relating to or depending on lives,

It is the intention of this Division—

to provide the means for apportioning premiums paid and other amounts in relation to a contract of insurance having regard to the principle in sections 230 (1) and 240, and

to avoid multiple duty as between Australian jurisdictions, and

to give Australian jurisdictions their appropriate share of duty by means of the apportionment.