Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) This section is made for the purposes of section 33B of the Act.
(2) A Key Facts Sheet, for a prescribed contract or a potential prescribed contract, must:
(a) contain the information, and be completed in the way, specified in the following form:
(i) for a home buildings insurance contract--Form 1 in Schedule 5;
(ii) for a home contents insurance contract--Form 2 in Schedule 5; and
(b) be A4 in size; and
(c) be set out in Arial font, in the following sizes:
(i) the heading at the top of the first page that starts with the words "KEY FACTS" must be in size 18 font;
(ii) the word "STEP" must be in size 16 font;
(iii) the number after the word "STEP" must be in size 48 font;
(iv) the footnote after step 2 must be in size 8 font;
(v) the rest of the document must be in size 10 font; and
(d) be set out in the following colours, with sufficient contrast in the colours to allow the text to be easily read:
(i) the headings, subheadings, and policy name, must be in blue type on a white background;
(ii) the top box in step 2 must be in white type on a blue background;
(iii) the remaining boxes in step 2 must alternate between black type on a white background, and black type on a light blue background;
(iv) the box in step 3 must be in white type on a blue background;
(v) the rest of the document must be in black type on a white background.