Commonwealth Numbered Acts

TERRORISM INSURANCE ACT 2003 NO. 43, 2003

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Definitions  
   4.      Act extends to things outside Australia  
   5.      Meaning of terrorist act  

   PART 2--INSURANCE FOR TERRORISM RISKS

   6.      Declared terrorist incidents  
   7.      Eligible insurance contracts  
   8.      Effect of terrorism exclusions in eligible insurance contracts  

   PART 3--AUSTRALIAN REINSURANCE POOL CORPORATION

           Division 1--Establishment, functions and powers of the Corporation

   9.      Establishment of Corporation  
   10.     Functions of Corporation  
   11.     Powers of Corporation  
   12.     Constitution of Corporation  

           Division 2--Administrative provisions about members

   13.     Appointment of members  
   14.     Acting Chair  
   15.     Additional terms and conditions of appointment of members  
   16.     Outside employment of members  
   17.     Remuneration and allowances of members  
   18.     Leave of absence  
   19.     Resignation  
   20.     Termination of appointment of members  

           Division 3--Meetings of the Corporation

   21.     Times and places of meetings  
   22.     Procedure at meetings  
   23.     Resolutions without meetings  

           Division 4--Chief Executive

   24.     Chief Executive  
   25.     Duties of the Chief Executive  
   26.     Termination of appointment  
   27.     Acting appointments  
   28.     Additional terms and conditions of appointment of Chief Executive  
   29.     Outside employment of Chief Executive  
   30.     Leave of absence  
   31.     Resignation  

           Division 5--Employees and consultants

   32.     Employees  
   33.     Consultants  

           Division 6--Finances

   34.     Application of money  
   35.     Commonwealth guarantee  
   36.     Liability to taxation  
   37.     Appropriation of Consolidated Revenue Fund  

           Division 7--Miscellaneous

   38.     Minister may give directions to Corporation  
   39.     Evidence—Corporation's seal  
   40.     Delegation by Corporation  

   PART 4--MISCELLANEOUS

   41.     Review of Act  
   42.     Compensation—constitutional safety net  
   43.     Regulations