(3) The Chairperson or, in his or her absence, the Deputy Chairperson or, in the absence of both the Chairperson and the Deputy Chairperson, a director appointed by the directors present at a meeting, must preside at the meeting. (4) A majority of the directors constitutes a quorum of the Board. (5) A question arising at a meeting of the Board shall be determined by a majority of votes of directors present who are eligible to vote and vote on that question and, if voting is equal, the person presiding has a casting, as well as a deliberative, vote. (6) The Board must— (a) cause all minutes of all proceedings of its meetings to be entered, within one month after the relevant meeting is held, in books kept for that purpose; and (b) cause those minutes to be signed by the person who presided at the meeting at which the proceedings took place or by the person presiding at the next succeeding meeting; and (c) cause a copy of the minutes of each meeting to be given to the Minister within three days after the meeting at which they are so signed. (7) Any minute that is so entered and purports to be so signed is evidence of the proceedings to which it relates. (8) If minutes have been so entered and signed, then, unless the contrary is proved— (a) the meeting shall be deemed to have been duly held and convened; and
(b) a report on the implementation of its risk management strategy. (4) As soon as practicable after receiving a copy of a register of assets or risk management strategy or a report under subsection (3), the Authority must report to the Minister and the department or participating body that gave the copy or report to the Authority, on the adequacy of the register of assets, risk management strategy or report. S. 24 substituted by No. 50/2001 s. 6. 24 Insurance (1) Except as otherwise provided by this section, a department or participating body must— (a) arrange its insurance with the Authority; and (b) pay the premiums determined by the Authority with the approval of the Minister at the times determined by the Authority with the approval of the Minister. S. 24(2) amended by No. 67/2013 s. 649(Sch. 9 item 34), substituted by No. 21/2015 s. 3(Sch. 1 item 66). (2) Nothing in this section affects the application of the Accident Compensation Act 1985, the Workplace Injury Rehabilitation and Compensation Act 2013 or the Transport Accident Act 1986 to a department or participating body. (3) The Minister may direct the Authority in writing not to provide insurance of a kind specified in the direction to a department or participating body, or class of departments or participating bodies, specified in the direction. (4) The Minister, after consultation with the Board, may exempt a department or participating body from any requirement of subsection (1).
(2) In this section, SIO instrument means an instrument (including a legislative instrument other than this Act) subsisting immediately before the commencement of this section— (a) given by SIO or to which SIO was a party; or (b) that was given to or in favour of SIO; or (c) that refers to SIO; or (d) under which— (i) money is, or may become, payable to or by SIO; or (ii) other property is to be, or may become liable to be, transferred to or by SIO. S. 35 repealed by No. 40/2004 s. 52, new s. 35 inserted by No. 73/2005 s. 4(Sch. 2 item 5.2). 35 Saving of Government guarantees Despite the repeal of the State Insurance Office Act 1984 by the Treasury Legislation (Repeal) Act 2005, section 22 of that 1984 Act continues to apply to a policy, contract or arrangement referred to in that section. Pt 6 (Heading and s. 36) repealed by No. 40/2004 s. 52. * * * * * 1 General information See for Victorian Bills, Acts and current authorised versions of legislation and up-to-date legislative information. Minister's second reading speech—
Assent Date: 25.10.05 Commencement Date: S. 4(Sch. 2 item 5) on 26.10.05: s. 2 : This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996 Public Sector Acts (Further Workplace Protection and Other Matters) Act 2006, No. 80/2006 Assent Date: 10.10.06 Commencement Date: S. 26(Sch. item 113) on 11.10.06: s. 2(1) : This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996 Superannuation Legislation Amendment Act 2008, No. 43/2008 Assent Date: 26.8.08 Commencement Date: S. 23 on 27.8.08: s. 2 : This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996 Fire Services Property Levy Act 2012, No. 58/2012 Assent Date: 16.10.12 Commencement Date: S. 131 on 1.7.13: s. 2(3) : This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996 Workplace Injury Rehabilitation and Compensation Act 2013, No. 67/2013 Assent Date: 12.11.13 Commencement Date: S. 649(Sch. 9 item 34) on 1.7.14: s. 2(1) : This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996 Victoria Police Amendment (Consequential and Other Matters) Act 2014, No. 37/2014 Assent Date: 3.6.14 Commencement Date: S. 10(Sch. item 181) on 1.7.14: Special Gazette (No. 200) 24.5.14 p. 2 Current State: This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996 Treasury Legislation and Other Acts Amendment Act 2014, No. 44/2014 Assent Date: 27.6.14 Commencement Date: Ss 31, 32 on 28.6.14: s. 2(1) Current State: This information relates only to the provision/s amending the Victorian Managed Insurance Authority Act 1996