Corporations Regulations 2001
View history note
Hide history noteFor section 1444 of the Act, section 113 of the Insurance Act 1973 , as in force immediately before the FSR commencement, and any associated provisions, continue to have effect in relation to a regulated principal:
(a) mentioned in item 6 of the table in section 1430 of the Act; and
(b) who carries on a class of insurance business that was prescribed for section 113 of the Insurance Act 1973 immediately before the FSR commencement;
to the extent necessary to require the person to comply with that section in relation to the class of insurance business.
10.2.119(2) [ Limitation]Subregulation (1) ceases to apply in relation to the regulated principal at the end of the transition period in relation to the regulated principal.
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