Document ID: chunk:federal_register_of_legislation:C2025C00185:section:911a:p4
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 911A (pt 4/6)
Character Range: 3647674–3650390

and settling service in relation to an insurance product provided to a wholesale client under an arrangement between the issuer of the insurance product and a financial services licensee;
 (en) the service is a claims handling and settling service of one of the following kinds:
 (i) advice given by a lawyer, in a professional capacity as a lawyer, about matters of law, legal interpretation or the application of the law to any facts;
 (ii) except as prescribed by the regulations—other advice given by a lawyer in the ordinary course of activities as a lawyer, that is reasonably regarded as a necessary part of those activities;
 (iii) action taken by a lawyer, in a professional capacity as a lawyer, to determine whether an insurer is liable to another person under an insurance product, or to quantify the extent of the insurer's liability;
 (iv) negotiation by a lawyer, in a professional capacity as a lawyer, of the settlement of a claim under an insurance product;
 (v) other conduct by a lawyer, in a professional capacity as a lawyer and on behalf of another person, that could reasonably be regarded as a necessary part of acting on instruction and for which the lawyer has not received and is not entitled to receive a benefit other than the payment of professional charges, the reimbursement for expenses incurred on behalf of the other person, or the payment on account of expenses to be incurred on behalf of the other person;
 (f) the person provides the service while performing functions, or exercising powers, in any of the following capacities or circumstances:
 (i) as an official receiver or trustee within the meaning of the Bankruptcy Act 1966;
 (ii) as a receiver, receiver and manager, or liquidator (whether appointed by a court or otherwise);
 (iii) as a person appointed by a court to carry on a financial services business;
 (iv) as the Public Trustee acting under a law, prescribed by regulations made for the purposes of this paragraph, of a State or Territory;
 (v) as an administrator of a body corporate;
 (vi) as an administrator of a deed of company arrangement executed by a body corporate;
 (via) as a restructuring practitioner for a body corporate;
 (vib) as a restructuring practitioner for a restructuring plan made by a body corporate;
 (vii) as a trustee or person administering a compromise or arrangement between a body corporate and another person or persons;
 (viii) as a personal representative of a deceased person other than a deceased financial services licensee;
 (ix) subject to subsection (3), as a personal representative of a deceased financial services licensee;
 (x) in the administration of a bankrupt estate or in the winding up of a body corporate or