Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 28

Conditional approvals

                   An approval under section 27 may be given subject to conditions, including:

                     (a)  where the approval relates to a contract of insurance or indemnity under Part 4 (other than a contract of insurance under section 22) or a guarantee under Part 4--conditions relating to the amount of the premium or fee to be charged by EFIC; and

                     (b)  where the approval relates to a contract of insurance under section 22--conditions relating to:

                              (i)  the amount of the premium or fee to be charged by EFIC; and

                             (ii)  the cause of the loss or detriment to which the contract may relate; and

                     (c)  where the approval relates to a loan under Part 4--conditions relating to the amount of the loan, the rate of interest to be charged, other terms and conditions of the loan and the security (if any) to be given.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]