Tuesday, July 5, 2022

Strata Schemes Management Regulation 2016

Part 6
Clause 38

Approved insurers | Clause 38

(1)  A Lloyd’s underwriter authorised to carry on insurance business, or exempted from authorisation, under the Insurance Act 1973 of the Commonwealth is an approved insurer for the purposes of paragraph (b) of the definition of approved insurer in section 4 (1) of the Act.

(2)  In this clause—

Lloyd’s underwriter has the same meaning as in the Insurance Act 1973 of the Commonwealth.

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Disclaimer: Reproduced from the Strata Schemes Management Act 2015 . This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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