Commonwealth Numbered Regulations

INSURANCE CONTRACTS REGULATIONS 2017 (F2017L01658)

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Name  
   2.      Commencement  
   3.      Authority  
   4.      Definitions  
   5.      Definition of consumer credit insurance  

   PART 2--DISCLOSURES AND MISREPRESENTATIONS

           Division 1--Insured's duty of disclosure

   6.      Eligible contracts of insurance  
   7.      Duty of disclosure--written notice  
   8.      Duty of disclosure--reminder notice  
   9.      Duty of disclosure--oral notice  

           Division 2--Remedies for non-disclosure and misrepresentations by insured

   10.     Prescribed rate of interest  

           Division 3--Key Facts Sheets

   11.     Application of Division  
   12.     What is a Key Facts Sheet?  
   13.     Insurer's obligation to provide Key Facts Sheet  

   PART 3--THE CONTRACT

           Division 1--Standard cover

              Subdivision A--Purpose of Division

   14.     Purpose of Division  

              Subdivision B--Motor vehicle insurance

   15.     Prescribed contracts  
   16.     Prescribed events  
   17.     Minimum amounts  

              Subdivision C--Home buildings insurance

   18.     Prescribed contracts  
   19.     Prescribed events  
   20.     Minimum amounts  

              Subdivision D--Home contents insurance

   21.     Prescribed contracts  
   22.     Prescribed events  
   23.     Minimum amounts  

              Subdivision E--Sickness and accident insurance

   24.     Prescribed contracts  
   25.     Prescribed events  
   26.     Minimum amounts  

              Subdivision F--Consumer credit insurance

   27.     Prescribed contracts  
   28.     Prescribed events  
   29.     Minimum amounts  

              Subdivision G--Travel insurance

   30.     Prescribed contracts  
   31.     Prescribed events  
   32.     Minimum amounts  

           Division 2--Definition of flood

   33.     Prescribed contracts  
   34.     Meaning of flood in prescribed contracts etc.  
   35.     Meaning of small business  

           Division 3--General provisions relating to insurance contracts

   36.     Classes of contracts of insurance in relation to which section 46 of the Act does not apply  
   37.     Classes of contracts of insurance in relation to which section 53 of the Act does not apply  

   PART 4--CLAIMS

   38.     Interest on claims  
   39.     Insurance for risks related to war and terrorism  

   PART 5--TRANSITIONAL MATTERS

   40.     Things done under the Insurance Contracts Regulations 1985  
   41.     References to provisions of the Insurance Contracts Regulations 1985  
           SCHEDULE 1 Writing to inform of duty of disclosure
           SCHEDULE 2 Writing to inform persons to be insured by others
           SCHEDULE 3 Writing to remind of duty of disclosure
           SCHEDULE 4 Words to inform of duty of disclosure for eligible contracts of insurance
           SCHEDULE 5 Key Facts Sheets