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LIFE INSURANCE AMENDMENT ACT 1920 - SECT 7
Interpretation
7 Interpretation
In this Part of this Act, if not inconsistent with the context,—
"Company" , in addition to having the meaning given by section 41 of the
principal Act, includes any friendly society or any branch of a friendly
society, whether registered or not, receiving contributions or premiums
through or by the agency of collectors, unless such friendly society or branch
is expressly exempted from this Part of this Act by the Governor-General in
Council
"Industrial insurance" means any insurance by the terms of which the premiums
are paid or payable at shorter intervals than 3 months, and, in cases in which
the premiums are paid or payable at longer intervals than 3 months, includes
any insurance which shall be declared by the Governor-General by regulation
made under this Act to be industrial insurance
Provided that this definition shall not apply to any policy the premiums on
which are, by arrangement between the insured and the insurer, deductible from
the salary or wages of the insured:
"Minister" Minister: omitted, as from 20 October 1972, by section
2(2) Life Insurance Amendment Act 1972 (1972 No 78).
"Policy" means any contract of insurance contracting for any
industrial insurance.
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