Document ID: chunk:federal_register_of_legislation:C2013A00075:clause:5_12
Version: federal_register_of_legislation:C2013A00075
Segment Type: clause
Provision Reference: sch 5 cl 12
Character Range: 43151–43732

12  After subsection 30(3)
Insert:
 (3A) If:
 (a) the expiration date of a contract of life insurance is calculated by reference to the date of birth of a person who is a life insured under the contract; and
 (b) the person's date of birth was not correctly stated to the insurer at the time when the contract was entered into;
then the insurer may (instead of doing any of the things referred to in subsection (2)) vary the contract by changing its expiration date to the date that would have been the expiration date if the contract had been based on the correct date of birth.