INSURANCE ACT 1973 - SECT 66 Definitions
INSURANCE ACT 1973 - SECT 66
Definitions"designated security trust fund" has the meaning given by section 69.
"insurance liability" means a liability under a contract of insurance.
"judicial trustee" has the meaning given by section 92.
"legal personal representative" means:
(a) the executor of the will, or the administrator of the estate, of a deceased person; or
(b) the trustee of the estate of a person under a legal disability; or
(c) a person who holds an enduring power of attorney granted by another person; or
(d) a person who, by order of a court or otherwise, has the legal administration or control of the affairs of another person.
"qualified corporation" means a body corporate that is:
(a) a corporation to which paragraph 51(xx) of the Constitution applies; and
(b) a company incorporated, or taken to be incorporated, under the Corporation Act 2001 .
"security trust fund" has the meaning given by section 67.