Financial Accountability Regime (Consequential Amendments) Act 2023 (68 of 2023)

Schedule 1   Consequential amendments

Part 1   Amendments for the start of the financial accountability regime

Life Insurance Act 1995

65   Subsection 166(1)

Repeal the subsection, substitute:

(1) None of the matters mentioned in subsection (2) affect:

(a) the continued operation of other Parts of this Act in relation to a life company; or

(b) the operation of the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 in relation to a life company; or

(c) the obligation of a life company to comply with those other Parts and those Acts.


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