Commonwealth Numbered Acts

INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 No. 6 of 1992 - SECT 8

8. (1) For the purposes of this Act, a person is taken to propose to acquire
shares or assets if the person:

   (a)  makes an offer to acquire the shares or assets; or

   (b)  makes or publishes a statement (however expressed) that expressly or
        impliedly invites a holder of the shares or assets to offer to dispose
        of the shares or assets; or

   (c)  takes part in, or proposes to take part in, negotiations with a view
        to the acquisition of the shares or assets.

(2) A reference in this section to an asset includes a reference to any or all
of the interests, rights or benefits of an Australian-registered insurance
company under a contract of insurance where the company is the insurer.