Document ID: chunk:federal_register_of_legislation:C2025C00113:section:5a
Version: federal_register_of_legislation:C2025C00113
Segment Type: section
Provision Reference: s 5A
Character Range: 8662–9332

5A  Medical indemnity entities
  This section applies to a corporation at a particular time if:
 (a) the corporation is a financial corporation formed within the limits of Australia; and
 (b) an arrangement under which medical indemnity cover is provided for a health care professional was entered into before 1 July 2003; and
 (c) the arrangement was not effected by means of a contract of insurance; and
 (d) the corporation may pay, or may have to pay, an amount under the arrangement at some time after that time.
Expressions used in paragraph (b) have the same meaning as they have in the Medical Indemnity (Prudential Supervision and Product Standards) Act 2003.