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RETIREMENT SAVINGS ACCOUNTS (CONSEQUENTIAL AMENDMENTS) ACT 1997 - SCHEDULE 12
- Amendment of the Life Insurance Act 1995
1 Subsection 151A(1)
Add at the end:
; (d) as a result of it being joined as a party to a complaint under section
15E or 15F of that Act, concerning insurance benefits under a contract of
insurance, where the premiums are paid from an RSA (within the meaning of the
Retirement Savings Accounts Act 1997 ); or - (e)
- as a result of it being a
party to a complaint under section 15H or 15J of that Act, concerning
insurance benefits under a contract of insurance, where the premiums are paid
from an RSA (within the meaning of the Retirement Savings Accounts Act 1997 ).
2 Subsection 216(1)
After "unclaimed money", insert ", other than unclaimed
money held in RSAs (within the meaning of the Retirement Savings Accounts
Act 1997 ),".
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