Document ID: chunk:federal_register_of_legislation:C2008C00236:clause:2_5
Version: federal_register_of_legislation:C2008C00236
Segment Type: clause
Provision Reference: sch 2 cl 5
Character Range: 7488–8072

5  Subsection 3(1) (at the end of the definition of insurance business)
Add:
 ; or (l) reinsurance business carried on by:
 (i) a body corporate incorporated in a foreign country; or
 (ii) an unincorporated body established, under a law of a foreign country, that under that law may sue or be sued, or may hold property in the name of its secretary or of an office holder of the body duly appointed for that purpose;
  that is not a general insurer.

Note: Particular contracts of insurance, or kinds of contracts of insurance, may be excluded from this definition under section 3A.