Skip to main
Help and resources
Register
for My Account
Sign in
to My Account
Search
Australian Government
Federal Register of Legislation
Site navigation
Constitution
Acts
Legislative instruments
Notifiable instruments
Gazettes
Administrative Arrangements
Prerogative instruments
Norfolk Island
Annual survey
We would appreciate it if you could complete our website
survey
, open until 28 November 2025.
1 Announcement
Home
Acts
In force
Text
Details
Authorises
Downloads
All versions
Interactions
Financial Sector Reform (Hayne Royal Commission Response) Act 2020
In force
Administered by
Department of the Treasury
Latest version
Order print copy
Save this title to My Account
Set up an alert
C2020A00135
17 December 2020
Legislation text
View document
Select value
Act
Filter active
Table of contents
Enter text to search the table of contents
1 Short title
2 Commencement
Collapse
3 Schedules
Collapse
Schedule 1—Enforceable code provisions
Corporations Act 2001
National Consumer Credit Protection Act 2009
Collapse
Schedule 2—Insurer avoidance of life insurance contracts, and duty to take reasonable care not to make a misrepresentation
Collapse
Part 1—Insurer avoidance of life insurance contracts
Insurance Contracts Act 1984
Collapse
Part 2—Duty to take reasonable care not to make a misrepresentation
Insurance Contracts Act 1984
Collapse
Schedule 3—Deferred sales model for add-on insurance
Australian Securities and Investments Commission Act 2001
Corporations Act 2001
Collapse
Schedule 4—Caps on commissions
Australian Securities and Investments Commission Act 2001
National Consumer Credit Protection Act 2009
Collapse
Schedule 5—Hawking of financial products
Collapse
Part 1—Main amendments
Corporations Act 2001
Collapse
Part 2—Other amendments
Competition and Consumer Act 2010
Corporations Act 2001
Collapse
Schedule 6—Use of terms “insurance” and “insurer”
Insurance Act 1973
Collapse
Schedule 7—Claims handling and settling services
Corporations Act 2001
Collapse
Schedule 8—Trustees of registrable superannuation entities should have no other duty
Superannuation Industry (Supervision) Act 1993
Collapse
Schedule 9—Adjustment of APRA and ASIC’s roles in superannuation
Collapse
Part 1—Adjustments relating to industry supervision
Superannuation Industry (Supervision) Act 1993
Collapse
Part 2—Adjustments relating to financial services
Australian Securities and Investments Commission Act 2001
Corporations Act 2001
Superannuation Industry (Supervision) Act 1993
Collapse
Schedule 10—Reference Checking and Information Sharing Protocol
Corporations Act 2001
National Consumer Credit Protection Act 2009
National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
Collapse
Schedule 11—Breach reporting and remediation
Corporations Act 2001
National Consumer Credit Protection Act 2009
National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
Collapse
Schedule 12—Statutory obligation to cooperate and formalising ASIC meeting procedures
Collapse
Part 1—Cooperation obligation
Australian Prudential Regulation Authority Act 1998
Australian Securities and Investments Commission Act 2001
Collapse
Part 2—Financial regulator information
Australian Prudential Regulation Authority Act 1998
Australian Securities and Investments Commission Act 2001
Insurance Act 1973
Life Insurance Act 1995
Collapse
Part 3—ASIC meeting procedures
Australian Securities and Investments Commission Act 2001