Commonwealth Consolidated Acts

EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 21

             (1)  EFIC may declare a specified cause of loss to be an approved cause of loss for the purposes of this Part.

             (2)  A declaration under subsection (1):

                     (a)  must be in writing; and

                     (b)  takes effect on the day specified in the declaration.

             (3)  As soon as practicable after making or revoking a declaration, EFIC must cause a copy of the declaration or the instrument of revocation to be published in the Gazette .