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Acts of Terrorism - extension of 'final day'

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Date:
6/1/2009

Title:
Acts of Terrorism - extension of 'final day'

Content:

Following the terrorist attacks of 11 September 2001 in the USA, reinsurers around the world withdrew coverage for acts of terrorism. As a result, the Workers' Compensation and Injury Management (Acts of Terrorism) Act 2001 (the Terrorism Act) was introduced in WA to permit insurers to exclude liability for acts of terrorism from workers' compensation policies.

The Terrorism Act contains a 'final day', set in the Workers' Compensation and Injury Management (Acts of Terrorism) (Final Day) Regulations 2002 , after which time the Terrorism Act will cease to operate.

The Workers' Compensation and injury Management (Acts of Terrorism) (Final Day) Amendment Regulations 2008 (the Amendment Regulations), to be published in the Government Gazette today, will extend the 'final day' of the Terrorism Act for a three-year period from 31 December 2009 to 31 December 2012.

The Amendment Regulations will come into effect from Wednesday, 7 January 2009.

Copies of the Government Gazette will be available from the State Law Publisher at 10 William Street, Perth WA 6000 (phone: 9321 7688) or from the State Law Publisher website at www.slp.wa.gov.au.

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