Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010 (82 of 2010)

Schedule 3   Amendment of the Life Insurance Act 1995

Part 1   Amendments

40   At the end of section 137

Add:

(3) To avoid doubt, this section applies to a life company that is, or becomes, an externally-administered body corporate (within the meaning of theCorporations Act 2001) in the same way as the section applies to any other life company.