Australian Capital Territory Numbered Acts

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INSURANCE AUTHORITY ACT 2005 (NO. 24 OF 2005) - SECT 11

Indemnities for third parties

    (1)     The authority may give an indemnity to a third party for a territory risk arising under a contract to which the Territory or a territory entity is a party only if the Minister has certified that the giving of the indemnity by the authority is in the Territory's interest.

    (2)     In this section:

"third party" means an entity other than the Territory or a territory entity.



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