62ZY
CurrentDetermination that policies are not protected policies
Part VCFinancial claims scheme for policyholders with insolvent general insurers
Division 1Preliminary
62ZY Determination that policies are not protected policies
APRA may determine in writing that a policy is not a protected policy if it is reasonable to conclude, from the nature of the policy and/or the circumstances in which it was issued, that the policy was issued primarily to make the policyholder entitled to a payment under this Part.
This Act’s bill:Second reading speech
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