Commonwealth Consolidated Regulations

INSURANCE REGULATIONS 2002 - REG 7C

Start day

         (1)   For subparagraph 62ZZF (1) (b) (i) of the Act, the day on which the period mentioned in paragraph 62ZZF (1) (b) of the Act starts in relation to:

                (a)    a person who is entitled to claim under insurance cover provided under a protected policy issued by a general insurer, as described in paragraph 62ZZF (1) (a) of the Act; and

               (b)    the general insurer;

is specified in the following table.

End day

         (2)   For subparagraph 62ZZF (1) (b) (ii) of the Act, the day on which the period mentioned in paragraph 62ZZF (1) (b) of the Act ends is the day that occurs 12 months after the day on which the Minister made the declaration, under subsection 62ZZC (1) of the Act, that Division 3 of Part VC of the Act applies in relation to the general insurer .

Note    APRA may extend the period within which a claim may be made -- see subsection 62ZZA (1) of the Act.