Corporations Amendment Regulations 2003 (No. 3) (85 of 2003)
Schedule 1 Amendments
[3] After regulation 7.1.33C
insert
7.1.33D Investment-linked life insurance products
For paragraph 766A (2) (b) of the Act, a person is taken not to provide a financial service if:
(a) the person makes a market for a financial product (within the meaning of section 766D of the Act); and
(b) the person is the issuer of the product; and
(c) the product is an investment-linked life insurance policy under an investment-linked contract (within the meaning of subsection 14 (4) of the Life Insurance Act 1995).
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