Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)

Schedule 3   Deferred sales model for add-on insurance

Australian Securities and Investments Commission Act 2001

1   Subsection 12BA(1)

Insert:

add-on insurance deferral period has the meaning given by section 12DP.

add-on insurance pre-deferral period has the meaning given by section 12DP.

add-on insurance product , in relation to a product or service, has the meaning given by section 12DO.