Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For the purposes of subsection 12DX(1) of the Act, the following classes of add - on insurance products are exempted from sections 12DQ, 12DR and 12DS of the Act:
(a) add - on comprehensive motor vehicle or vessel insurance products;
(b) add - on compulsory third party motor vehicle insurance products;
(c) add - on home and contents insurance products;
(d) add - on home building insurance products;
(e) add - on landlord insurance products;
(f) add - on limited motor vehicle or vessel insurance products;
(g) add - on transport and delivery insurance products;
(h) add - on travel insurance products;
(i) business - related add - on insurance products;
(j) superannuation - related add - on insurance products.
(2) This regulation does not apply to an add - on insurance product that relates to a principal product or service (within the meaning of section 12DO of the Act) if:
(a) a person enters into a commitment to acquire the principal product or service after the end of the period of 5 years beginning on the day this regulation commences; or
(b) a person acquires the principal product or service after the end of that period without previously having entered into such a commitment.