Funeral provider to provide information about investment

In force

Before entering into a pre-paid funeral contract, a funeral provider must give each other party to the contract details in writing of—

(a)

the manner in which any money to be paid to the funeral provider by or on behalf of that party in respect of the contract is to be invested, including—

(i)

the type of investment; and

(ii)

the terms and conditions applying to that investment; and

(iii)

any other prescribed information; and

(b)

any administration fee or brokerage fee payable in respect of the contract.

360 penalty units.

Regulations

This provision refers to the regulations (prescribed information). Made under this Act:

Funerals Regulations 2025 · under section 82

This Act’s bill:Explanatory memorandum Second reading speech

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27 Funeral provider to provide information about investment