Victorian Current Acts Victorian Current Acts(1) Where an insurer continues for a period ending on or before the appointed day the indemnity provided to an employer under a policy of insurance or indemnity, being a policy the indemnity under which would otherwise cease to be provided at or after 4.00 p.m. on 30 June 1985 and before the appointed day, that continuation shall be deemed to be an extension of that policy and not to be a renewal of that policy.
(2) Subsection (1) applies notwithstanding anything to the contrary in this Act or the regulations or the policy of insurance or indemnity and whether or not any matters applying to the policy relating to the premium or any other matter are varied in relation to the extension.
S. 72B inserted by No. 10191 s. 264(4).