Document ID: chunk:federal_register_of_legislation:C2025C00157:section:3:p5
Version: federal_register_of_legislation:C2025C00157
Segment Type: section
Provision Reference: s 3 (pt 5/8)
Character Range: 34466–37284

Insurance Act 2007 carried on by a private health insurer within the meaning of that Act through a health benefits fund within the meaning of section 131‑10 of that Act; or
 (k) health insurance business within the meaning of Division 121 of the Private Health Insurance Act 2007 carried on by a private health insurer within the meaning of that Act.
Note: Some contracts of insurance may be excluded from this definition under section 3A.
judicial manager means a judicial manager appointed by the Federal Court under section 62R.
life insurance business has the same meaning as in the Life Insurance Act 1995.
liquidator includes a provisional liquidator.
listing rules has the same meaning as in the Corporations Act 2001.
Lloyd's means the society of that name incorporated by the Act of the United Kingdom known as Lloyd's Act 1871.
Lloyd's underwriter means an underwriting member of Lloyd's.
NOHC or non‑operating holding company, in relation to a body corporate, means a body corporate:
 (a) of which the first body corporate is a subsidiary; and
 (b) that does not carry on a business (other than a business consisting of the ownership or control of other bodies corporate); and
 (c) that is incorporated in Australia.
NOHC authorisation has the meaning given by section 18.
NOHC/NOHC subsidiary has the meaning given by subsection 103A(5).
ordinary accounts means ledgers, journals, profit and loss accounts and balance‑sheets, whether or not prepared for the purposes of any law (including this Act), and includes statements, reports and notes (other than auditors' reports or directors' reports) attached to, or intended to be read with, any of the foregoing, but does not include statutory accounts.
pecuniary loss insurance business means the business of undertaking liability by way of insurance against any one or more of the following risks:
 (a) risks of loss to the persons insured arising from the insolvency of their debtors or from the failure (otherwise than through insolvency) of their debtors to pay their debts when due;
 (b) risks of loss to the persons insured arising from their having to perform contracts of guarantee;
 (c) risks of loss to the persons insured attributable to interruptions of the carrying on of business carried on by them;
 (d) risks of loss to the persons insured attributable to their incurring unforeseen expense.
personal information has the same meaning as in the Privacy Act 1988.
pre‑authorisation liability means a liability, contingent or otherwise, that is assumed (whether in Australia or elsewhere) by a body corporate that, after assuming the liability, becomes authorised under section 12 to carry on insurance business in Australia.
principal auditor, of a general insurer, means an auditor appointed by the insurer under paragraph 39(1)(a).
profit and