Text of bill | Explanatory memoranda | Second reading speeches | Proposed amendments | Schedules of amendments | Bills Digest

Bills of previous Parliaments

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Insurance Contracts Amendment Bill 2010


Type
Government
Originating house
House of Representatives
Status
Not Proceeding
Portfolio
Treasury

Summary

Amends the Insurance Contracts Act 1984 in relation to: duty of utmost good faith; ‘bundled’ workers’ compensation contracts; ‘bundled contracts’; enabling the use of electronic communication for statutory notices and documents; extending the Australian Securities and Investments Commission powers under the Act; disclosure and misrepresentations; remedies for bundled contracts of life insurance; the rights and obligations of third parties; and the division of proceeds from a recovery action.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 17/03/10  
Second reading moved 17/03/10  
Referred to Main Committee 24/05/10  
Second reading debate 25/05/10  
Second reading debate 22/06/10  
Second reading agreed to 22/06/10  
Reported from Main Committee 23/06/10  
Third reading agreed to 23/06/10  
     
Senate
Introduced and read a first time 24/06/10  
Second reading moved 24/06/10  
Lapsed at end of Parliament 28/09/10  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes