74
CurrentExisting approvals for entering contracts of insurance
Part 5Repeal and transitional provisions
Division 2Transitional provisions
74 Existing approvals for entering contracts of insurance
(1)
This section applies to an approval given by the under-Treasurer under repealed section 58(1) and in effect immediately before the commencement.
(2)
On the commencement, the approval—
(a)
continues in effect; and
(b)
is taken to have been given under section 55(1).
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