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TERRORISM INSURANCE ACT 2003 No. 43, 2003 - SECT 35
Commonwealth guarantee
- (1)
- The Commonwealth guarantees the due payment of money that may become
payable by the Corporation to any person other than the Commonwealth.
- (3)
- If at any time the Corporation considers it likely that it will be unable
to discharge all its liabilities, after taking into account the guarantee
under this section, then the Corporation must give the Minister a written
notice to that effect.
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