Document ID: chunk:federal_register_of_legislation:F2024L00194:reg:17
Version: federal_register_of_legislation:F2024L00194
Segment Type: reg
Provision Reference: reg 17
Character Range: 17563–18154

17  Policies that are not protected policies
  For the purposes of paragraph (a) of the definition of protected policy in subsection 3(1) of the Act, the following policies are not protected policies:
 (a) a policy:
 (i) that is required to be held under a law of a State or Territory; and
 (ii) that is protected through arrangements administered by the State or Territory;
 (b) a policy that is a pre‑authorisation liability of a foreign general insurer;
 (c) a policy that is a reinsurance or a retrocession of another policy;
 (d) a policy that is an indemnification of another policy.