Workers Compensation Act 1951
144Meaning of compulsory insurance policy
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144 Meaning of compulsory insurance policy compulsory insurance policy, for the employer, means an insurance policy— (a) for an unlimited amount for any liability of the employer under this Act, or independently of this Act (other than liability for assessed treatment and care needs of participants in the LTCS scheme), for an injury to, or the death of, each territory worker employed by the employer; and
Licences—insurers Division 8.1.2 (b) that complies with this Act. (2) Subject to section 147A (8) (Compulsory insurance—offences) and section 154 (Cover notes), a cover note may be a compulsory insurance policy.