VICTORIAN MANAGED INSURANCE AUTHORITY ACT 1996
Table of Provisions
PART 1--PRELIMINARY
- 1 Purpose
- 2 Commencement
- 3 Definitions
- 3A Controlling interest
- 4 Declaration of participating bodies
- 4A Declaration that a body ceases to be a participating body
PART 2--VICTORIAN MANAGED INSURANCE AUTHORITY
- 5 Establishment
- 6 Functions
- 7 Powers
- 8 Directions of the Minister
- 9 Delegation
- 10 Board of directors
- 11 Appointment of directors
- 12 Terms and conditions of appointment
- 13 Vacancies, resignations and removal from office
- 14 Acting appointments
- 15 Proceedings of the Board
- 16 Resolutions without meetings
- 17 Validity of decisions
- 18 Disclosure of director's interests
- 19 Corporate plans
- 20 Periodic reports
- 20A Repayment or raising of capital
- 21 Chief executive officer and other staff
- 22 Improper use of information
PART 3--OPERATIONS OF THE AUTHORITY
- 23 Asset registers and risk management strategies
- 24 Insurance
- 25 Indemnities
- 25A Provision of insurance and indemnities for other persons or bodies
- 25B Authority may determine conditions
- 25C Authority is approved insurer
- 26 Borrowing and investment powers
- 27 Statutory guarantee
- 28 Appropriation for guarantees
- 29 Enforcement of guarantee
PART 4--REGULATIONS
PART 5--TRANSITIONAL
- 34 SIO instruments
- 35 Saving of Government guarantees
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