Victorian Current Acts

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VICTORIAN MANAGED INSURANCE AUTHORITY ACT 1996


TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Purpose  
   2.      Commencement  
   3.      Definitions  
   3A.     Controlling interest  
   4.      Declaration of participating bodies  
   4A.     Declaration that a body ceases to be a participating body  

   PART 2--VICTORIAN MANAGED INSURANCE AUTHORITY

   5.      Establishment  
   6.      Functions  
   7.      Powers  
   8.      Directions of the Minister  
   9.      Delegation  
   10.     Board of directors  
   11.     Appointment of directors  
   12.     Terms and conditions of appointment  
   13.     Vacancies, resignations and removal from office  
   14.     Acting appointments  
   15.     Proceedings of the Board  
   16.     Resolutions without meetings  
   17.     Validity of decisions  
   18.     Disclosure of director's interests  
   19.     Corporate plans  
   20.     Periodic reports  
   20A.    Repayment or raising of capital  
   21.     Chief executive officer and other staff  
   22.     Improper use of information  

   PART 3--OPERATIONS OF THE AUTHORITY

   23.     Asset registers and risk management strategies  
   24.     Insurance  
   25.     Indemnities  
   25A.    Provision of insurance and indemnities for other persons or bodies  
   25B.    Authority may determine conditions  
   25C.    Authority is approved insurer  
   26.     Borrowing and investment powers  
   27.     Statutory guarantee  
   28.     Appropriation for guarantees  
   29.     Enforcement of guarantee  

   PART 4--REGULATIONS

   30.     Regulations  

   PART 5--TRANSITIONAL

   34.     SIO instruments  
   35.     Saving of Government guarantees  
           ENDNOTES


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