255Application of Division 1

#### 255 Application of Division 1 255 Application of Division 1 > > (1) This Division applies to a contract of insurance— > > > > > (a) that insures— > > > > > > > (i) property in New South Wales as well as property in another place, or > > > > > > > (ii) a risk, contingency or event concerning an act or omission that, in the normal course of events, may occur within, or partly within, New South Wales as well as within, or partly within, another place, > > > > > > or both, or > > > > > (b) that insures— > > > > > > > (i) lives, or > > > > > > > (ii) any event or contingency relating to or depending on lives, > > > > > > or both, of persons whose principal places of residence are variously in New South Wales or another place at the time the policy is issued. > > > (2) It is the intention of this Division— > > > > > (a) to provide the means for apportioning premiums paid and other amounts in relation to a contract of insurance having regard to the principle in sections 230 (1) and 240, and > > > > > (b) to avoid multiple duty as between Australian jurisdictions, and > > > > > (c) to give Australian jurisdictions their appropriate share of duty by means of the apportionment.