Document ID: chunk:federal_register_of_legislation:C2019A00037:clause:2_13
Version: federal_register_of_legislation:C2019A00037
Segment Type: clause
Provision Reference: sch 2 cl 13
Character Range: 15317–15773

13  At the end of subsection 121AB(1)
Add:
 ; or (d) if the insurance company is a mutual entity (within the meaning of the Corporations Act 2001)—that would be covered by paragraph (a), (b) or (c) if the following were disregarded:
 (i) any MCIs (within the meaning of that Act) issued by the entity;
 (ii) any dividends or profits paid or payable in respect of such MCIs;
 (iii) any members of the entity who are members by virtue of holding such MCIs.