Document ID: chunk:federal_register_of_legislation:C2024C00063:section:15
Version: federal_register_of_legislation:C2024C00063
Segment Type: section
Provision Reference: s 15
Character Range: 43058–44046

15  Certain other laws not to apply
 (1) A contract of insurance is not capable of being made the subject of relief under:
 (a) any other Act; or
 (b) a State Act; or
 (c) an Act or Ordinance of a Territory.
 (2) Relief to which subsection (1) applies means relief in the form of:
 (a) the judicial review of a contract on the ground that it is harsh, oppressive, unconscionable, unjust, unfair or inequitable; or
 (b) relief for insureds from the consequences in law of making a misrepresentation;
but does not include:
 (c) relief in the form of compensatory damages; or
 (d) relief relating to the effect of section 12BF (unfair contract terms) of the Australian Securities and Investments Commission Act 2001.
Note: See Subdivision G (enforcement and remedies) of Division 2 of Part 2 of the Australian Securities and Investments Commission Act 2001 for certain remedies relating to the effect of section 12BF of that Act.

Part III—Insurable interests

Division 1—General insurance