Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007 (149 of 2007)
Schedule 2 Amendments commencing on 1 July 2008
Insurance Act 1973
5A Subsection 3(1) (definition of senior manager)
Repeal the definition, substitute:
senior manager of a general insurer or a corporate agent means a person who has or exercises any of the senior management responsibilities (within the meaning of the prudential standards) for the insurer or agent.
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