Document ID: chunk:federal_register_of_legislation:F2024L00195:front:0
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Life Insurance Regulations 2024

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated     19 February 2024

  David Hurley
  Governor‑General

By His Excellency's Command

Stephen Jones
Assistant Treasurer
Minister for Financial Services

Contents
Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Definitions
Part 2—Explanation of key concepts
5 Life policy—minimum terms of annuities
Part 2B—Special provisions relating to Australian branches of foreign life insurance companies
6 Eligible foreign life insurance company
Part 9—Transfers and amalgamations of life insurance business
7 Application for confirmation of scheme
8 Documents to be given to APRA
Part 10—Provisions relating to policies
9 Interest on overdue premiums—prescribed terms
10 Unclaimed money—interest payable
11 Calculation of net claim value of policy
Part 12—Application, transitional and saving provisions
Division 1—Provisions relating to this instrument as originally made
12 Application of section 7
13 Application of section 8
Part 13—Dictionary
14 Definition of approved body
15 Definition of derivative
16 Definition of superannuation policy
Schedule 1—Approved bodies
1 Approved bodies

Part 1—Preliminary