New South Wales Consolidated Acts

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DUTIES ACT 1997 - SECT 242

Obligation to make out and execute a policy of life insurance

242 Obligation to make out and execute a policy of life insurance

A life company must, on or before the twenty-first day of each month--

(a) make out and execute a policy of life insurance for each contract or agreement for life insurance effected by or on behalf of the life company in the preceding month, and
(b) endorse the policy in the manner approved by the Chief Commissioner.



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