Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 761CAA

Meaning of claimant intermediary

             (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.

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



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback