DUTIES ACT 2000 - SECT 192 Application of Division

DUTIES ACT 2000 - SECT 192

    (1)     This Division applies to a contract of insurance that insures—

        (a)     property in Victoria as well as property in another place; or

        (b)     a risk, contingency or event concerning an act or omission that, in the normal course of events, may occur within, or partly within, Victoria as well as within, or partly within, another place—

or both.

    (2)     It is the intention of this Division—

        (a)     to provide the means for apportioning premiums paid and other amounts in relation to a contract of insurance having regard to the principle in section 176(1) ; and

        (b)     to avoid multiple duty as between the States and Territories; and

        (c)     to give each State and Territory its appropriate share of duty by means of the apportionment.