LIFE INSURANCE REGULATIONS (AMENDMENT) 1981 NO. 262 

LIFE INSURANCE REGULATIONS (AMENDMENT) 1981 NO. 262 
- TABLE OF PROVISIONS

1. Interest on overdue premiums on ordinary policies  
2. Transitional  


1981 No. 262 LIFE INSURANCE REGULATIONS (AMENDMENT)
- REG 1
Interest on overdue premiums on ordinary policies


  1. Regulation 11 of the Life Insurance Regulations is amended by omitting
"10.5" and substituting "14.5".


1981 No. 262 LIFE INSURANCE REGULATIONS (AMENDMENT)
- REG 2
Transitional


  2. Notwithstanding the amendment of regulation 11 of the Life Insurance
Regulations effected by regulation 1, regulation 11 of those Regulations as in
force immediately before the commencement of these Regulations continues to
apply in relation to the charging of compound interest in respect of any
period before the commencement of these Regulations.


- NOTES


1981 No. 262*1* LIFE INSURANCE REGULATIONS*2* (AMENDMENT)



*1* Notified in the Commonwealth of Australia Gazette on 10 September 1981.
*2* Statutory Rules 1946 No. 136 as amended by 1959 No. 98; 1962 Nos. 3 and
12; 1966 No. 36; 1969 No. 51; 1971 No. 100; 1974 Nos. 68 and 224; 1978 No. 31;
1980 No. 54.