Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 13 - Regulated principals  

REGULATION 10.2.43  

10.2.43   STATUS OF INSURANCE AGENT: SECTION 1436A OF THE ACT  
For section 1436A of the Act, and to avoid doubt, if an insurer is:

(a) a financial services licensee; and

(b) a principal mentioned in paragraph 1436A(2) (d) in relation to an insurance agent mentioned in paragraph 1436A(2) (a);

the insurance agent is taken not to be a representative of the insurer under section 910A of the Act.