Insurance Regulations (Amendment) (Cth)

Statutory Rules

1980 No. 107

REGULATION UNDER THE INSURANCE ACT 19731

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Insurance Act 1973.

 Dated this sixteenth day of May 1980.

 ZELMAN COWEN

 Governor-General

 By His Excellency’s Command,

IAN MACPHEE

Minister of State for Immigration and Ethnic Affairs

for and on behalf of the Treasurer

_______________

AMENDMENT OF THE INSURANCE REGULATIONS2

 Regulation 4A of the Insurance Regulations is repealed and the following regulation substituted:

Prescribed bodies for the purposes of sub-section 5 (3) of the Act

“4A. (1) For the purposes of sub-section 5 (3) of the Act, each of the following bodies is a prescribed body:

• (a)

  Municipal Association of Tasmania;

• (b)

  Municipal Association of Victoria.

• “(2)

  The Act is not to apply with respect to the carrying on by the Municipal Association of Tasmania of the business of fidelity guarantee insurance.

• “(3)

  The Act is not to apply with respect to the carrying on by the Municipal Association of Victoria of the following classes of insurance business:

(a)

fidelity guarantee insurance;

(b)

personal accident insurance.”.

 

NOTES

1. Notified in the Commonwealth of Australia Gazette on 22 May 1980.

2. Statutory Rules 1974 No. 141 as amended by Statutory Rules 1976 Nos. 90, 126, 139 and 288; 1977 No. 213.