Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)
Schedule 2 Insurer avoidance of life insurance contracts, and duty to take reasonable care not to make a misrepresentation
Part 2 Duty to take reasonable care not to make a misrepresentation
Insurance Contracts Act 1984
22 Paragraph 29(3)(b)
Omit "duty of disclosure had been complied with or the misrepresentation had not been made", substitute "relevant failure had not occurred".