LIFE INSURANCE ACT 1995 - SECT 18 Certain activities not regarded as carrying on life business
LIFE INSURANCE ACT 1995 - SECT 18
Certain activities not regarded as carrying on life businessA person is not taken to be carrying on life business merely because the person:
(a) collects premiums under a policy issued outside Australia to a person who was resident outside Australia at the time of issue of the policy; or
(b) makes payments due under such a policy.