239ADMinister may make declaration as to significant terrorism-related liabilities

#### 239AD Minister may make declaration as to significant terrorism-related liabilities 239AD Minister may make declaration as to significant terrorism-related liabilities > > (1) The Minister may, by order published in the Gazette, declare that an act of terrorism specified in the declaration has given rise to significant terrorism-related liabilities. > > > (2) The Minister may not make such a declaration unless— > > > > > (a) an insurer has requested the Minister to do so, and > > > > > (b) the Minister is satisfied that— > > > > > > > (i) an act of terrorism occurred after 4pm on 30 June 2002 or at any time on any day after that date, and > > > > > > > (ii) the act of terrorism has given rise to liabilities (whether liabilities of one or more self-insurers, or liabilities under policies of insurance issued or renewed by one or more insurers that are not self-insurers, or both) for payment of amounts that, in total, exceed the threshold amount. > > **ss 239AA–239AD:** Ins 2002 No 123, Sch 1.