Commonwealth Consolidated Acts

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LIFE INSURANCE ACT 1995 - SECT 124

Policy owner's right to copy of reporting documents

  (1)   The owner of a policy issued by a life company is entitled to be provided by the company with a copy of a reporting document (within the meaning of the Financial Sector (Collection of Data) Act 2001 ) relating to the company, or part of that document, if:

  (a)   a reporting standard determined under section   13 of that Act specifies that a copy of that document, or part of that document, is to be provided under this section on the request of an owner of the policy; and

  (b)   the owner of the policy requests a copy of that document or part of that document.

  (2)   Copies provided under subsection   (1) are to be provided free of charge.


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