LIABILITY TO TAXATION
Insurance with non-residents
In this Division:
means a contract or guarantee whereby liability is undertaken, contingent upon the happening of any specified event, to pay any money or make good any loss or damage, but does not include a contract of life assurance.
means an event upon the happening of which the liability under an insurance contract arises.
means a person with whom any insurance contract is entered into by an insurer.
means the property the subject of an insurance contract made or given by an insurer.
means any non-resident who undertakes liability under an insurance contract.