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Royal commission, page-2

  1. 545 Posts.
    lightbulb Created with Sketch. 24
    I think it has to do with 300,000 alleged CRIMINAL breaches of the corps act.

    That's not a witch hunt.... it's uncovering systemic breaches of the corps act.

    T his section of the corps act is designed to stop us all getting constant incessant insurance hawking calls.

    A great summary on the AFR today:
    https://www.copyright link/personal...disturbance-anything-but-mild-20180910-h156rn

    Under section 992 of the Corporation Act, insurance cannot be sold via an unsolicited telephone call, unless several conditions apply (such as a product disclosure statement being read or sent to the customer before an insurance product is sold) or unless the customers have had a preparatory conversation where they agree to take the sales call.

    Importantly, the law says that a call doesn't have to result in a sale for it to breach the anti-hawking regime.
 
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