| Title | Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 |
| Database | Amendments |
| Date | 22-03-2021 04:53 PM |
| Source | Senate |
| System Id | legislation/amend/r6630_amend_f8efa102-1c36-4261-a61b-9dd7ab89a751 |
1180
2019â2020
The Parliament of the
Commonwealth of Australia
THE SENATE
Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
(Amendment to be moved by Senator McAllister, on behalf of the Opposition, in committee of the whole)
(1) Schedule 3, item 2, page 36 (after line 14), at the end of section 12DX, add:
Preâcondition for making regulations
(3) Before making regulations for the purposes of subsection (1), the GovernorâGeneral must ensure the Minister is satisfied that the class of addâon insurance products has historically been good value.
[addâon insurance products]