Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)

Schedule 7   Claims handling and settling services

Corporations Act 2001

14   Paragraph 912A(1)(ca)

Repeal the paragraph, substitute:

(ca) take reasonable steps to ensure that its representatives comply with the financial services laws, except to the extent that:

(i) those representatives are insurance fulfilment providers; and

(ii) the financial services laws relate to the provision of claims handling and settling services by those representatives; and