Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.1 - PRELIMINARY  

Division 2 - Definitions  

SECTION 761CAA   MEANING OF CLAIMANT INTERMEDIARY  

761CAA(1)  
A person is a claimant intermediary if the person:

(a)  carries on a business of representing persons insured under insurance products in pursuing claims under those products; and

(b)  represents those persons insured for a benefit given as consideration for that service, whether a monetary benefit or otherwise and whether given to the person providing the services or another person nominated by that person.

761CAA(2)  
The regulations may prescribe circumstances in which a person is not a claimant intermediary despite subsection (1) .


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