Financial Sector Reform (Hayne Royal Commission Response - Protecting Consumers (2019 Measures)) Act 2020 (2 of 2020)
Schedule 1 Unfair contract terms in insurance contracts
Australian Securities and Investments Commission Act 2001
4 At the end of section 12BI
Add:
(4) For the purposes of applying paragraph (1)(a) to an Insurance Contracts Act insurance contract, have regard to the main subject matter of the contract only to the extent that it describes what is being insured.
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