Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For the purposes of subparagraph 8C(2)(b)(ii) of the Act, storm surge means an abnormal rise in sea level, over and above the normal astronomical tide levels.
(2) For the purposes of subparagraph 8C(2)(b)(iii) of the Act, flood means a flood as defined by subsection 34(1) of the Insurance Contracts Regulations 2017 (for the purposes of paragraph 37B(2)(a) of the Insurance Contracts Act 1984 ).