Australian Capital Territory Numbered Acts

INSURANCE AUTHORITY ACT 2005 (NO. 24 OF 2005) - SECT 18

    (1)     To remove any doubt, the Australian Capital Territory Insurance Authority ( ACTIA ) established under the Insurance Authority Act 2000 is, for all purposes, continued under this Act.

    (2)     In particular, the assets and liabilities of, or a proceeding begun by or against, ACTIA is an asset or liability of, and a proceeding begun by or against, the authority under this Act.

    (3)     The Legislation Act, section 88 (1) (Repeal does not end effect of transitional laws etc) applies to this section.