Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_923b:p2
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 923B (pt 2/3)
Character Range: 342788–345385

service, acts on behalf of intending insureds;
 (d) in the case of a word or expression covered by subparagraph (4)(a)(iv)—if the person:
 (i) can, under the licence, provide a financial service relating to contracts of general insurance (whether or not the person can provide other financial services under the licence as well); and
 (ii) in providing that service, acts on behalf of intending insureds;
 (e) in the case of a word or expression covered by subparagraph (4)(a)(v)—if the person:
 (i) can, under the licence, provide a financial service relating to contracts of life insurance (whether or not the person can provide other financial services under the licence as well); and
 (ii) in providing that service, acts on behalf of intending insureds;
 (f) in the case of a word or expression covered by subparagraph (4)(a)(vi)—in the circumstances (if any) that are prescribed by regulations made for the purposes of this paragraph, or after ASIC has considered the matters (if any) that are so prescribed.

 (4) In this section:
 (a) a reference to a restricted word or expression is a reference to:
 (i) the expression stockbroker or sharebroker, or any other word or expression (whether or not in English) that is of like import to that expression; or
 (ii) the expression futures broker, or any other word or expression (whether or not in English) that is of like import to that expression; or
 (iii) the expression insurance broker or insurance broking, or any other word or expression (whether or not in English) that is of like import to that expression; or
 (iv) the expression general insurance broker, or any other word or expression (whether or not in English) that is of like import to that expression; or
 (v) the expression life insurance broker, or any other word or expression (whether or not in English) that is of like import to that expression; or
 (vi) any other expression or word specified in the regulations as a restricted word or expression for the purposes of this section, or any other word or expression (whether or not in English) that is of like import to such a word or expression; and
 (b) a reference to a word or expression being assumed or used includes a reference to the word or expression being assumed or used:
 (i) as part of another word or expression; or
 (ii) in combination with other words, letters or other symbols; and
 (c) contract of insurance and insured have the same meanings as in Division 4 of Part 7.8.

Division 11—Agreements with unlicensed persons relating to the provision of financial services

Subdivision A—Agreements affected