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MEDICAL INDEMNITY (PRUDENTIAL SUPERVISION AND PRODUCT STANDARDS)
REGULATIONS 2003
- made under the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003
TABLE OF PROVISIONS
PART 1--PRELIMINARY
1. Name of Regulations [see Note 1]
2. Commencement [see Note 1]
3. Definitions
4. Application of Act -- prescribed arrangements
PART 2--PRUDENTIAL REQUIREMENTS FOR PROVISION OF MEDICAL INDEMNITY COVER
5. APRA determination that minimum capital requirements do not apply -- application form
6. APRA determination that minimum capital requirements do not apply -- prescribed bodies corporate
7. APRA determination that minimum capital requirements do not apply -- funding plan
PART 3--PRODUCT STANDARDS FOR MEDICAL INDEMNITY INSURANCE CONTRACTS
8. Additional offer of run-off cover when particular events happen during claims period for regulated insurance contract
9. Complying offer
SCHEDULE 1 Application form
SCHEDULE 2 Form of funding plan
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