7.1.07C

Specific things that are not financial products: insurance under an overseas student health insurance contract

Current

(1)

For paragraph 765A(1)(y) of the Act, insurance under an overseas student health insurance contract is not a financial product.

(2)

In this regulation:

overseas student health insurance contract has the same meaning as in Private Health Insurance Rules made for the purposes of Part 4‑2 of the Private Health Insurance Act 2007 (which is about health insurance business).

Note:

In 2019, the meaning was given by rule 18 of the Private Health Insurance (Health Insurance Business) Rules 2018.

This Act’s bill:Explanatory statement

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