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

Schedule 4   Insurance

Part 2   Forms of notices etc.

Life Insurance Act 1995

49   Application of amendments

(1) The amendments of section 203 of the Life Insurance Act 1995 made by this Part apply in relation to a notice given on or after the commencement of this item.

(2) For the purposes of subsection 203(1) of that Act, as amended by this Part, a written notice given:

(a) during the 2 months starting on the commencement of this item; and

(b) in accordance with regulations:

(i) made for the purposes of subsection 203(2) of that Act; and

(ii) in force immediately before that commencement;

is taken to be given in accordance with subsection 203(2) of that Act as amended by this Part.