2022 Rule Consultation

Current status

Voting Council concluded its review and consideration of proposed Rule changes in early November 2022. A package of proposed rule amendments was submitted for minsterial approval and was approved for implementation.

These rules will not come into effect immediately; the timing and process for implementation will vary by rule. For the latest information on rule publication and effective dates, please see the Council Rules and Code of Conduct page.

Which Rules are proposed for amendment?

The following rules are proposed for amendment. Click on each topic to see more detailed information about the proposed change and rationale.

Nominee Qualifications Rule 2(11), 2(11.1), 2(12)

Licence Renewal Rule 4(4)(b), (c) and (d)

Level 3 Agent and Adjuster Qualifications Rules 2(5), 2(8)

Business Registration and Name Requirements Rule 2(18)

Licence Reinstatement Rule 2(19)

Direct Supervision Rule 6(1)(c) and 6(2)(b)

Conflict of Interest Rule 7(11.2)

Life Agent Supervision Rule 10(1) to 10(12), Rule 7(16.1), 7(16.2), 7(17.1), 7(17.2)