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Motor Accident Injuries Act 2019
361MAI insurer licence—eligibility
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361 MAI insurer licence—eligibility A corporation is eligible for an MAI insurer licence only if the corporation— (a) is authorised under the Insurance Act 1973 (Cwlth) to carry on insurance business; and (b) agrees, in writing, to be a party to the insurance industry deed while the corporation holds an MAI insurer licence.