Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007 (149 of 2007)

Schedule 2   Amendments commencing on 1 July 2008

Insurance Act 1973

3   Subsection 3(1) (definition of authorised person )

Repeal the definition, substitute:

authorised person :

(a) except in Part VA, means a person authorised under subsection (1A); or

(b) in Part VA, means APRA, or a person authorised by APRA, in writing, for the purposes of that Part.