Document ID: chunk:federal_register_of_legislation:C2012A00041:clause:1_37a
Version: federal_register_of_legislation:C2012A00041
Segment Type: clause
Provision Reference: sch 1 cl 37A
Character Range: 1160–2181

37A  Application of this Division
 (1) This Division applies in relation to a contract of insurance (in this Division called a prescribed contract) if:
 (a) the contract is included in a class of contracts of insurance declared by the regulations to be a class of contracts in relation to which this Division applies; and
 (b) the contract was entered into after the day on which those regulations were made.
 (2) However, this Division does not apply in relation to a prescribed contract at any time before the transition time for the prescribed contract.
 (3) Also, this Division does not affect the operation of a prescribed contract in relation to an event that occurred before the transition time for the prescribed contract.
 (4) In this section:
transition time, for a prescribed contract, means the time when regulations made for the purposes of paragraph (1)(a), declaring a class of contracts of insurance including the contract to be a class of contracts in relation to which this Division applies, commence.