Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 4   Insurance

Part 6   Other amendments

Insurance Acquisitions and Takeovers Act 1991

110   Application of amendments

Subsection 58(2) of the Insurance Acquisitions and Takeovers Act 1991 applies in relation to:

(a) a divestment order made before the commencement of this item, if:

(i) the divestment order was not revoked before that commencement; and

(ii) the time specified in the divestment order did not end before that commencement; or

(b) a divestment order made on or after that commencement.