Commonwealth Consolidated Acts

LIFE INSURANCE ACT 1995 - SECT 151A

             (1)  A life company must comply with any determination made in respect of it by the Superannuation Complaints Tribunal:

                     (a)  as a result of it being joined under section 18 of the Superannuation (Resolution of Complaints) Act 1993 as a party to a complaint under section 14 of that Act against a trustee in respect of a decision relating to a death benefit or a disability benefit; or

                     (b)  as a result of it being joined as a party to a complaint under section 14A of that Act; or

                     (c)  as a result of it being a party to a complaint under section 15A or 15B of that Act;

                     (d)  as a result of it being joined as a party to a complaint under section 15E or 15F of that Act, concerning insurance benefits under a contract of insurance, where the premiums are paid from an RSA (within the meaning of the Retirement Savings Accounts Act 1997 ); or

                     (e)  as a result of it being a party to a complaint under section 15H or 15J of that Act, concerning insurance benefits under a contract of insurance, where the premiums are paid from an RSA (within the meaning of the Retirement Savings Accounts Act 1997 ).

             (2)  In this section:

"Superannuation Complaints Tribunal " means the Superannuation Complaints Tribunal established under section 6 of the Superannuation (Resolution of Complaints) Act 1993 .