Document ID: chunk:federal_register_of_legislation:F2024C00190:schedule:1:p2
Version: federal_register_of_legislation:F2024C00190
Segment Type: schedule
Provision Reference: sch 1 (pt 2/7)
Character Range: 23649–26370

or hirer of property used to produce crops or livestock; and
 (b) that does not provide cover for business interruption (insurance known as increased cost of working cover provided by the farm property cover of a farm insurance (or farm pack) policy is not taken to be cover for business interruption).
 5 A contract of insurance underwritten by the Commonwealth.
 5A A contract of insurance underwritten by the government of the Australian Capital Territory or the Northern Territory that is not a contract of insurance provided by a body owned by the government of the Territory.
 6 A contract of insurance to the extent that it provides cover to the Commonwealth.
 8 A contract of insurance to the extent that it provides cover to:
 (a) the Crown in right of a State, the Australian Capital Territory or the Northern Territory; or
 (b) a Minister of the government of a State, the Australian Capital Territory or the Northern Territory (in the capacity of a Minister); or
 (c) a Department of the government of a State, the Australian Capital Territory or the  Northern Territory.
 9 A contract of insurance in which a registered health benefits organisation provides cover in relation to its business as a registered organisation within the meaning of Part VI of the National Health Act 1953.
 10 A contract of professional indemnity insurance.
 11 A contract of insurance, including mortgage insurance, in which the insurer agrees to indemnify the insured against loss in relation to failure by a debtor to pay a debt due to the insured, but not against any other loss.
 12 A life policy within the meaning of section 9 of the Life Insurance Act 1995.
 13 A superannuation contract, for an individual or a group, including a superannuation policy within the meaning of the Life Insurance Act 1995.
 14 A contract of insurance entered into by the Export Finance and Insurance Corporation under the Export Finance and Insurance Corporation Act 1991.
 15 A contract of insurance commonly known as a trade credit or trade indemnity policy.
 16 A contract of insurance commonly known as a product liability insurance contract, to the extent that it does not also provide cover for public liability.
 17 A contract of insurance in which the insurer:
 (a) indemnifies a business undertaking against loss resulting from a breakdown of, or malfunction in, machinery (including electronic equipment) or plant of the business undertaking, including:
 (i) loss in relation to the repair or replacement of the machinery or plant; or
 (ii) any further loss resulting from the breakdown or malfunction; but
 (b) does not indemnify the business undertaking for any other kind of loss.
 18 A contract of insurance (whether or not the