Financial Sector Reform (Hayne Royal Commission Response) (2021 Measures No. 1) Regulations 2021 (F2021L00127)

Schedule 2   Claims handling and settling services

Corporations Regulations 2001

7   In the appropriate position in Chapter 10

Insert:

Part 10.42 - Application provisions relating to the Financial Sector Reform (Hayne Royal Commission Response) (2021 Measures No. 1) Regulations 2021

10.42.01 Application of claims handling and settling services reforms

The amendments made by Schedule 2 to the Financial Sector Reform (Hayne Royal Commission Response) (2021 Measures No. 1) Regulations 2021 apply in relation to claims or potential claims in relation to an insurance product made on or after the day on which that Schedule commences.