20Conditions of eligibility—claimants under protected policies

20 Conditions of eligibility—claimants under protected policies

For the purposes of paragraph 62ZZF(3)(b) of the Act, the prescribed conditions in relation to a person are that: (a) the person is an Australian citizen or permanent resident; or (b) both of the following subparagraphs apply in relation to the person: (i) the person is an individual; (ii) the insurance cover under which the individual is entitled to claim as mentioned in paragraph 62ZZF(1)(a) of the Act is insurance cover against a risk that is located in Australia; or (c) both of the following subparagraphs apply in relation to the person: (i) the person is a small business entity, a not‑for‑profit body or a trustee of a family trust; (ii) the central management and control of the small business entity, not‑for‑profit body or trustee is located in Australia; or (d) all of the following subparagraphs apply in relation to the person: (i) the insurance cover under which the person is entitled to claim as mentioned in paragraph 62ZZF(1)(a) of the Act is insurance cover provided in relation to a small business entity; (ii) the central management and control of the small business entity is located in Australia; (iii) the small business entity is not a corporation or an individual; or (e) all of the following subparagraphs apply in relation to the person: (i) the insurance cover under which the person is entitled to claim as mentioned in paragraph 62ZZF(1)(a) of the Act is insurance cover provided in relation to a not‑for‑profit body; (ii) the central management and control of the not‑for‑profit body is located in Australia; (iii) the not‑for‑profit body is not a corporation.