Corporations Amendment (Life Insurance Remuneration Arrangements) Act 2017 (6 of 2017)
Schedule 1 Amendments
Corporations Act 2001
6 After section 963A
Insert:
963AA Benefits given in relation to life risk insurance products
The regulations may prescribe circumstances, in addition to those set out in section 963A, in which a benefit given to a financial services licensee, or a representative of a financial services licensee, in relation to a life risk insurance product, or life risk insurance products, is conflicted remuneration .