Commonwealth Consolidated Acts

EXPORT FINANCE AND INSURANCE CORPORATION ACT 1991 - SECT 21

  (1)   EFIC may declare a specified cause of loss to be an approved cause of loss for the purposes of this Part.

  (2)   A declaration under subsection   (1):

  (a)   must be in writing; and

  (b)   takes effect on the day specified in the declaration.

  (3)   As soon as practicable after making or revoking a declaration, EFIC must cause a copy of the declaration or the instrument of revocation to be published in the Gazette .