Document ID: chunk:federal_register_of_legislation:C2008A00144:clause:14_119
Version: federal_register_of_legislation:C2008A00144
Segment Type: clause
Provision Reference: sch 14 cl 119
Character Range: 190182–190742

119  Transitional provision
If:
 (a) apart from this item, a person would be an associate of another person for the purposes of a provision of the Insurance Acquisitions and Takeovers Act 1991 on the day on which the amendments made by this Part commence; and
 (b) the persons would be associates only because of those amendments;
then, during the period of 6 months starting on that day, the provision does not apply to them as associates of each other for so long as the persons would otherwise have been associates of each other.

Life Insurance Act 1995