Document ID: chunk:federal_register_of_legislation:C2024C00824:front:0:p1
Version: federal_register_of_legislation:C2024C00824
Segment Type: other
Provision Reference: 
Character Range: 0–2948

Export Finance and Insurance Corporation Act 1991

No. 148, 1991

Compilation No. 25

Compilation date: 11 December 2024

                Includes amendments: Act No. 120, 2024

About this compilation

This compilation

This is a compilation of the Export Finance and Insurance Corporation Act 1991 that shows the text of the law as amended and in force on 11 December 2024 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary
1 Short title
2 Commencement
3 Interpretation
3A Meaning of large business
3B Meaning of eligible activity
3C Terms and conditions of insurance, financial services or products for certain activities carried out by constitutional corporations
4 Extension to Territories
5 Application of Act outside Australia
5A Application of the Criminal Code
Part 2—Establishment and functions of Export Finance and Insurance Corporation
6 Establishment of EFIC
7 Functions of EFIC
8 Primary duties of EFIC
9 Ministerial directions to EFIC
10 Reimbursement of cost of complying with directions
Part 3—General powers and duties of EFIC
11 General powers of EFIC
12 Offices of EFIC
13 Formation of companies, partnerships etc.
Part 4—Insurance and financial services and products
14 Export payments insurance contracts
15 Reinsurance etc. in relation to business of EFIC
16 Guarantees and subsidies in relation to loans to Australian suppliers
17 Guarantees and subsidies in relation to loans to overseas buyers etc.
18 Guarantees to co‑lenders in relation to