Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 (67 of 2024)

Schedule 1   Delivering better financial outcomes - reducing red tape

Part 5   Insurance commissions

Corporations Act 2001

99   At the end of section 963K

Add:

Exception for insurance products

(2) In determining whether an issuer or seller of a financial product contravenes subsection (1), disregard section 963BB (which is about informed consent for certain insurance commissions).