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Insurance and Superannuation Commissioner (Consequential Provisions) Act 1987

No. 99 of 1987

TABLE OF PROVISIONS

PART I—PRELIMINARY
Section
        1. Short title
        2. Commencement
PART II—AMENDMENTS OF THE COMPANIES ACT 1981
        3. Principal Act
        4. Application for winding-up
PART III—AMENDMENTS OF THE INSURANCE ACT 1973
        5. Principal Act
        6. Interpretation
        7. Repeal of sections 8, 9, 10, 11, 12, 14, 15, 18 and 19 and substitution of new section:
                8. General administration of Act
        8. Repeal of section 20
        9. Secrecy
PART IV—AMENDMENTS OF THE INSURANCE (AGENTS AND BROKERS) ACT 1984
        10. Principal Act
        11. Interpretation
        12. Insurance intermediaries other than brokers to operate under written agreements
        13. Brokers not to carry on business unless registered

TABLE OF PROVISIONS—continued
Section
        14. Applications for registration
        15. Registration of brokers
        16. Registers to be kept
        17. Inspection of Registers, accounts and contracts
        18. Delay in registration or renewal
        19. Suspension or cancellation of registration
        20. Insurance broking accounts
        21. Hearing before making adverse decision
        22. Application for review
        23. Statement to accompany notice of decisions
        24. Certain particulars to be included in reports
        25. Delegation
PART V—AMENDMENTS OF THE LIFE INSURANCE ACT 1945
        26. Principal Act
        27. Interpretation
        28. Repeal of sections 9, 9a, 9b, 9c, 9d, 9e, 9f, 9g and 9h and substitution of new section:
                9. General administration of Act
        29. Repeal of section 10a
PART VI—AMENDMENTS OF THE PUBLIC SERVICE ACT 1922
        30. Principal Act
        31. Officers engaged in eligible public employment
PART VII—TRANSITIONAL
        32. Transitional—acts and things done by or in relation to the Insurance Commissioner before commencement etc.
        33. Transitional—acts and things done by or in relation to the Life Insurance Commissioner before commencement etc.

Insurance and Superannuation Commissioner (Consequential Provisions) Act 1987

No. 99 of 1987

An Act to amend certain Acts in consequence of the enactment of the Insurance and Superannuation Commissioner Act 1987, and for related purposes

[Assented to 5 November 1987]

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:

PART I—PRELIMINARY

Short title
1. This Act may be cited as the Insurance and Superannuation Commissioner (Consequential Provisions) Act 1987.

Commencement
2. This Act shall come into operation on the day on which the Insurance and Superannuation Commissioner Act 1987 comes into operation.

PART II—AMENDMENTS OF THE COMPANIES ACT 1981

Principal Act
3. The Companies Act 19811 is in this Part referred to as the Principal Act.

Application for winding-up
4. Section 363 of the Principal Act is amended:
     (a) by omitting paragraph (1) (h) and substituting the following paragraph:
          "(h) the Insurance and Superannuation Commissioner appointed under the Insurance and Superannuation Commissioner Act 1987;"; and
     (b) by omitting from subsection (2)