Document ID: chunk:federal_register_of_legislation:C2024C00065:section:8f
Version: federal_register_of_legislation:C2024C00065
Segment Type: section
Provision Reference: s 8F
Character Range: 25692–27702

8F  Declarations about cyclone events
 (1) If the Bureau notifies the Corporation that a cyclone exists or has reintensified, the Corporation must declare that a cyclone event has begun. The declaration must:
 (a) specify the day and time when the cyclone began or reintensified, as notified by the Bureau; and
 (b) state that the claims period for the cyclone event began on that day at that time.
Note: If a cyclone ends but then reintensifies, a new cyclone event is declared under this section in relation to the cyclone.
 (2) If the Bureau notifies the Corporation that a cyclone has ended, the Corporation must declare that the cyclone event has ended that was previously declared under subsection (1) in relation to that cyclone. The declaration under this subsection must specify:
 (a) the previous declaration; and
 (b) the day and time when the cyclone ended, as notified by the Bureau; and
 (c) the day and time when the claims period for the cyclone event ended, or will end, as the case requires.
 (3) The day and time specified under paragraph (2)(c) must be the day and time when the period ends:
 (a) that began on the day, and at the time, specified under paragraph (2)(b); and
 (b) whose duration is prescribed by the regulations for the purposes of this subsection.
 (4) A declaration under this section:
 (a) must be made as soon as practicable, and in any event within 24 hours, after the Bureau notifies the Corporation that a cyclone exists, has reintensified or has ended, as the case may be; and
 (b) must be made by notifiable instrument; and
 (c) cannot be varied or revoked; and
 (d) must be published on the Corporation's website as soon as practicable, and in any event within those 24 hours.
 (5) The validity of a declaration under this section is not affected by:
 (a) an error in matter specified in the declaration; or
 (b) a contravention of subsection (4).

Part 3—Australian Reinsurance Pool Corporation

Division 1—Establishment, functions and powers of the Corporation