Terrorism and Cyclone Insurance Act 2003
8CDefinition of eligible cyclone loss
Start here
Get a plain-English read of 8C
Turn the raw legal text into a practical explanation grounded in Terrorism and Cyclone Insurance Act 2003.
8C Definition of eligible cyclone loss
(1) For the purposes of this Act, an eligible cyclone loss is a loss that satisfies the conditions in subsections (2) and (3). (2) The loss must arise: (a) from the weather system in relation to which a cyclone event was declared under subsection 8F(1); or (b) without limiting the generality of paragraph (a) of this subsection, from any of the following that is caused by that weather system: (i) wind, rain, rainwater or rainwater runoff; (ii) a storm surge, as defined by the regulations for the purposes of this subparagraph; (iii) a flood, as defined by the regulations for the purposes of this subparagraph. (3) The loss must commence during the claims period for the cyclone event referred to in paragraph (2)(a).