Section 3 of the Principal Act is amended as follows:

(a) by omitting the definition of insurance intermediary and substituting the following definition:

insurance intermediary means –

(a) a person who arranges contracts of insurance in Tasmania –

(i) for reward; or

(ii) as an agent for a person carrying on a business of insurance; or

(b) a financial services licensee (as defined in section 761A of the Corporations Act 2001 of the Commonwealth) whose licence covers the arrangement of contracts of insurance as an agent for a person carrying on a business of insurance; or

(c) a regulated principal (as defined in section 1430 of the Corporations Act 2001 of the Commonwealth) when carrying on business as an insurance broker as regulated by Subdivision D of Division 1 of Part 10.2 of that Act;

(b) by inserting "domain name," after "trading name," in paragraph (a) of the definition of intellectual property ;

(c) by inserting "domain name," after "trading name," in paragraph (b)(i) of the definition of intellectual property .