Document ID: chunk:federal_register_of_legislation:C2024C00063:section:11:p2
Version: federal_register_of_legislation:C2024C00063
Segment Type: section
Provision Reference: s 11 (pt 2/5)
Character Range: 21701–24310

has the meaning given by section 11AB.
continuous disability insurance policy means a contract that is a continuous disability policy within the meaning of the Life Insurance Act 1995.
contract of life insurance means a contract that constitutes a life policy within the meaning of the Life Insurance Act 1995.
contravention:
 (a) in relation to an offence against a law—includes an ancillary offence relating to the offence against the law; and
 (b) in relation to a civil penalty provision—has a meaning affected by section 75Q.
duty of disclosure means the duty referred to in section 21.
duty of the utmost good faith means the duty referred to in subsection 13(1).
duty to take reasonable care not to make a misrepresentation means the duty referred to in section 20B.
engage in conduct means:
 (a) do an act; or
 (b) omit to perform an act.
friendly society means:
 (a) a body that is a friendly society for the purposes of the Life Insurance Act 1995; or
 (b) a body that is registered or incorporated as a friendly society under a law of a State or Territory; or
 (c) a body that is permitted, by a law of a State or Territory, to assume or use the expression friendly society; or
 (d) a body that, immediately before the date that is the transfer date for the purposes of the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999, was registered or incorporated as a friendly society under a law of a State or Territory.
group life contract means a contract of life insurance that is maintained for the purposes of:
 (a) a superannuation or retirement scheme under which there can be more than one life insured; or
 (b) another kind of group life scheme (including a scheme that is not related to employment) under which there can be more than one life insured.
guardian, in relation to a person who has not attained the age of 18 years, means a person who acts in the place of a parent of the person but does not include a person who so acts only for limited or particular purposes or periods.
holder has the same meaning as in the Retirement Savings Accounts Act 1997.
infringement notice means a notice given under section 75W.
insurance broker means a person who carries on the business of arranging contracts of insurance, whether in Australia or elsewhere, as agent for intending insureds.
insurance intermediary means a person who:
 (a) for reward; and
 (b) as an agent for one or more insurers or as an agent for intending insureds;
arranges contracts of insurance in Australia or elsewhere, and includes an insurance broker.
insured and insurer include a proposed