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

Schedule 7   Claims handling and settling services

Corporations Act 2001

4   Section 761A

Insert:

Cash Settlement Fact Sheet means a Cash Settlement Fact Sheet required by section 948C to be given in accordance with Division 3A of Part 7.7.

claimant intermediary has the meaning given by section 761CAA.

claims handling and settling service has the meaning given by section 766G.

insurance claims manager has the meaning given by section 761DA.

insurance fulfilment provider means a person who carries on a business of providing goods or services to persons insured under insurance products in satisfaction of the liability of the insurers under those products.