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FINANCIAL SECTOR REFORM (HAYNE ROYAL COMMISSION RESPONSE) ACT 2020
(NO. 135, 2020)
TABLE OF PROVISIONS
Long Title
1. Short title
2. Commencement
3. Schedules
SCHEDULE 1 Enforceable code provisions
SCHEDULE 2 Insurer avoidance of life insurance contracts, and duty to take reasonable care not to make a misrepresentation
SCHEDULE 3 Deferred sales model for add-on insurance
SCHEDULE 4 Caps on commissions
SCHEDULE 5 Hawking of financial products
SCHEDULE 6
SCHEDULE 7 Claims handling and settling services
SCHEDULE 8 Trustees of registrable superannuation entities should have no other duty
SCHEDULE 9 Adjustment of APRA and ASIC's roles in superannuation
SCHEDULE 10 Reference Checking and Information Sharing Protocol
SCHEDULE 11 Breach reporting and remediation
SCHEDULE 12 Statutory obligation to cooperate and formalising ASIC meeting procedures
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