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Strata Schemes Management Regulation 2016
38Approved insurers
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38 Approved insurers
38 Approved insurers
(1) A Lloyd’s underwriter authorised to carry on insurance business, or exempted from authorisation, under the Insurance Act 1973 of the Commonwealth is an approved insurer for the purposes of paragraph (b) of the definition of approved insurer in section 4(1) of the Act.
(2) In this clause—
Lloyd’s underwriter has the same meaning as in the Insurance Act 1973 of the Commonwealth.