7.1.33D
CurrentInvestment‑linked life insurance products
Chapter 7Financial services and markets
Part 7.1Preliminary
Division 3When does a person provide a financial service?
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; 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).
This Act’s bill:Explanatory statement
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