Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 10.2.43

Status of insurance agent: section 1436A of the Act

                For section 1436A of the Act, and to avoid doubt, if an insurer is:

                (a)    a financial services licensee; and

               (b)    a principal mentioned in paragraph 1436A (2) (d) in relation to an insurance agent mentioned in paragraph 1436A (2) (a);

the insurance agent is taken not to be a representative of the insurer under section 910A of the Act.



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