US Free Trade Agreement Implementation Act 2004 (120 of 2004)
Schedule 4 Life insurance amendments
Life Insurance Act 1995
7 At the end of section 113
Add:
(3) To avoid doubt, if the life company is an eligible foreign life insurance company, the investigation need not cover the financial condition of the company to the extent that the financial condition relates to life insurance business carried on outside Australia by the company (see section 16ZE).
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