Document ID: chunk:federal_register_of_legislation:C2022C00235:clause:1_1055:p2
Version: federal_register_of_legislation:C2022C00235
Segment Type: clause
Provision Reference: sch 1 cl 1055 (pt 2/2)
Character Range: 41355–42775

life policy fund:
 (i) require a party to the complaint to repay all money, or particular money, received under the life policy to which the complaint relates; or
 (ii) set aside the whole or part of the terms or conditions of the life policy in their application to the complainant; or
 (iii) vary the governing rules of the life policy fund in their application to the complainant; or
 (iv) cancel the complainant's membership of the life policy fund or of any sub‑plan of the fund;
 (d) if the complainant was unfairly or unreasonably sold an annuity policy, contract of insurance or RSA:
 (i) require a party to the complaint to repay all money, or particular money, received under the annuity policy, contract or RSA; or
 (ii) set aside the whole or part of the terms or conditions of the annuity policy, contract or RSA in their application to the complainant; or
 (iii) vary the terms or conditions of the annuity policy, contract or RSA in their application to the complainant.

Limitations on determinations
 (7) AFCA must not make a determination of a superannuation complaint that would be contrary to:
 (a) law; or
 (b) subject to paragraph (6)(c), the governing rules of a regulated superannuation fund or an approved deposit fund to which the complaint relates; or
 (c) subject to paragraph (6)(d), the terms and conditions of an annuity policy, contract of insurance or RSA to which the complaint relates.