(1) For paragraph 765A(1)(y) of the Act, insurance under an overseas student health insurance contract is not a financial product.
(2) In this regulation:
"overseas student health insurance contract" has the same meaning as in Private Health Insurance Rules made for the purposes of Part 4 - 2 of the Private Health Insurance Act 2007 (which is about health insurance business).
Note: In 2019, the meaning was given by rule 18 of the Private Health Insurance (Health Insurance Business) Rules 2018 .