Commonwealth Consolidated Acts

TREASURY LAWS AMENDMENT (2016 MEASURES NO. 1) ACT 2017 - SCHEDULE 1

Terrorism Insurance Act 2003

1   At the end of subsection   8(2)

Add:

  ; or (c)   acts that are described using the word "chemical", "biological", "polluting", "contaminating", "pathogenic" or "poisoning" or words of similar effect.

2   Application of amendments

The amendments made by this Schedule apply in relation to:

  (a)   an act or acts declared, at a particular time at or after the commencement of this Schedule, under section   6 of the Terrorism Insurance Act 2003 to be a declared terrorist incident; and

  (b)   eligible insurance contracts in force at that time (whether made before, at or after the commencement of this Schedule).