Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.1.04F

Meaning of class of financial services (subsections 917A(3), 917C(2) and 917C(3) of the Act)

  (1)   For section   761CA of the Act, this regulation applies for subsections   917A(3), 917C(2) and 917C(3) of the Act.

  (2)   Each of the following is a class of financial services:

  (a)   the provision of financial product advice relating to a general insurance product;

  (b)   the provision of financial product advice relating to an investment life insurance product;

  (c)   the provision of financial product advice relating to a life risk insurance product;

  (d)   dealing in a financial product that is a general insurance product;

  (e)   dealing in a financial product that is an investment life insurance product;

  (f)   dealing in a financial product that is a life risk insurance product ;

  (g)   the provision of a claims handling and settling service in relation to a general insurance product;

  (h)   the provision of a claims handling and settling service in relation to an investment life insurance product;

  (i)   the provision of a claims handling and settling service in relation to a life risk insurance product.


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