Australian Capital Territory Repealed Acts

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This legislation has been repealed.

INSURANCE AUTHORITY ACT 2000 (REPEALED) - SECT 10

Powers

    (1)     ACTIA has all the powers of an individual and may, for example—

        (a)     enter into contracts; and

        (b)     acquire, hold, deal with and dispose of property; and

        (c)     issue policies of insurance.

    (2)     Without limiting subsection (1), ACTIA has the powers given to it under this Act or any other Territory law.

    (3)     ACTIA represents the Territory.

    (4)     Without limiting subsection (3), ACTIA has all the Territory's privileges and immunities.

    (5)     ACTIA may exercise its powers inside and outside the ACT.

    (6)     Without limiting subsection (5), ACTIA may exercise its powers outside Australia.



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