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Thursday, 4 June 1998
Page: 4907

Consideration resumed from 1 June.

Senate's requested amendment

(1) Clause 7, page 4 (lines 14 to 21), omit paragraphs (5)(a) and (b), substitute:

(a) if the life insurance company was a life insurance company at all times from and including 17 March of the previous financial year to and including the following 30 June—a day in the period from and including that 17 March to and including the following 14 April; or

(b) if the life insurance company was not a life insurance company at all times from and including 17 March of the previous financial year to and including the following 30 June—the day after that 17 March when the life insurance company became, or becomes, a life insurance company.

Motion by (Mr Miles) agreed to:

That the requested amendment be made.