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CurrentInsurance and financial services for particular age group
Part 5Exceptions and exemptions
Division 3Exceptions relating to age
34 Insurance and financial services for particular age group
A person may discriminate against another person on the ground of age in the provision of services relating to any annuity, insurance, loans, credit or finance if the discrimination – is based on actuarial, statistical or other data from a reliable source; and is reasonable having regard to that data and any other relevant factors.
Subsection (1) only applies if a person discloses to the Tribunal, when required to do so – the sources on which the data are based; and the relevant factors on which the discrimination is based.
This Act’s bill:Explanatory notesSecond reading speech
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