Commonwealth Consolidated Acts

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INSURANCE ACT 1973 - SECT 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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