Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007 (154 of 2007)
Schedule 1 Streamlining prudential regulation
Part 2 Amendments commencing 1 January 2008
Anti-Money Laundering and Counter-Terrorism Financing Act 2006
157 Section 5 (definition of life policy )
Omit Life Insurance Actuarial Standard 4.02, substitute prudential standards made under section 230A of the Life Insurance Act 1995.