62AApplication

62A Application

62A Application

(1) This Part applies to an alternative indemnity product that is a fidelity fund scheme.

(2) In this Part—

alternative indemnity contract includes any arrangement under which cover is provided by means of a fidelity fund scheme.

construction period fidelity fund contract—see clause 62F (1) (a).

fidelity fund cover means cover by means of a fidelity fund scheme for the purposes of Part 6B of the Act.

rules of a fidelity fund scheme means the rules set out in the trust deed for the fidelity fund scheme.

warranty period fidelity fund contract—see clause 62F (1) (b).

(3) Words and expressions used in this Part have the same meaning as in Part 6B of the Act.

Parts 6B (cll 62A–62ZZC): Ins 2017 (705), Sch 1 [18].