CORPORATIONS ACT 2001 - SECT 761CAA Meaning of claimant intermediary
CORPORATIONS ACT 2001 - SECT 761CAA
Meaning of claimant intermediary(1) A person is a claimant intermediary if the person:
(a) carries on a business of representing persons insured under insurance products in pursuing claims under those products; and
(b) represents those persons insured for a benefit given as consideration for that service, whether a monetary benefit or otherwise and whether given to the person providing the services or another person nominated by that person.
(2) The regulations may prescribe circumstances in which a
person is not a claimant intermediary despite subsection (1).