New South Wales Consolidated Acts New South Wales Consolidated ActsIn any case in which the board purporting to act in exercise of authority conferred by this Act has made any arrangement or agreement with an insurance company with respect to a policy effected under this Act it shall be deemed to have so acted as a continuing agent for the person insured by such policy and any such arrangement or agreement shall be binding upon such person, but so that the board shall be under no liability in respect thereof.