Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)
Schedule 3 Deferred sales model for add-on insurance
Corporations Act 2001
20 After paragraph 992A(2)(a)
Insert:
(b) an offer of, or a request or invitation relating to, a financial product that is an add-on insurance product in relation to a product or service (the principal product or service ) that the consumer has indicated an intention to acquire from:
(i) the person making the offer, request or invitation; or
(ii) another person with whom that person has an arrangement that relates to the provision of add-on insurance products in relation to products or services that include the principal product or service; or
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