Section 910D — Corporations Act 2001: Insurance fulfilment providers taken to be acting on behalf of financial services licensees
Text of the provision Official document
A person who: (aa) carries on a business of providing goods or services to persons insured under insurance products in satisfaction of the liability of the insurers under those products; and (a) in carrying on that business, provides goods or services to a person insured under an insurance product in satisfaction of the liability of the insurer under the product; and (b) has been engaged by a financial services licensee, or by another person on behalf of a financial services licensee, to provide those goods or services; and (c) does not (apart from this section) provide those goods or services as a representative of the financial services licensee; is taken to be acting on behalf of the financial services licensee in providing the goods or services.
Official source: Federal Register of Legislation
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