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Life_Insurance_Amendment_Act_2005.xml.act
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Life_Insurance_Amendment_Act_2005.xml.act
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<?xml version="1.0" encoding="UTF-8"?>
<act id="DLM335996" in.amend="false" xml:lang="en-NZ" irdnumbering="no" act.no="14" act.type="public" date.as.at="2007-09-03" date.assent="2005-03-24" date.first.valid="2007-09-18" stage="in-force" year="2005">
<cover id="DLM335997">
<title xml:lang="en-NZ">Life Insurance Amendment Act 2005</title>
<assent>2005-03-24</assent>
</cover>
<contents>
<heading xml:lang="en-NZ">Contents</heading>
<toc/>
</contents>
<front id="DLM335998" xml:lang="en-NZ">
<enactment>The Parliament of New Zealand enacts as follows:</enactment>
</front>
<body id="DLM335999" prov-type="section" xml:lang="en-NZ">
<prov id="DLM336300" irdnumbering="no" skeleton="no" toc="yes" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">1</label>
<heading xml:lang="en-NZ">Title</heading>
<prov.body>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">1</label>
<para xml:lang="en-NZ">
<text>This Act is the Life Insurance Amendment Act 2005.</text>
</para>
</subprov>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">2</label>
<para xml:lang="en-NZ">
<text>In this Act, the <citation jurisdiction="nz"><atidlm:link xmlns:atidlm="http://www.arbortext.com/namespace/atidlm" atidlm:key="284809" atidlm:branchLabel="_NOVERSION_" atidlm:name="Life Insurance Amendment Act 1920" atidlm:xmlId="DLM729607" atidlm:state="UNCHANGED"><atidlm:linkcontent>Life Insurance Amendment Act 1920</atidlm:linkcontent><atidlm:resourcepair atidlm:markupType="leg-title" atidlm:isIncludeOrRef="1" atidlm:seqNum="289128" atidlm:sourceXmlId="DLM729607" atidlm:targetKey="1374205" atidlm:targetXmlId="DLM193405" atidlm:targetName="Life Insurance Amendment Act 1920" atidlm:sourceName="DLM729607" atidlm:targetLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM193405.xml" atidlm:sourceLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:state="UNCHANGED"><atidlm:metadata atidlm:name="Name" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Amend" atidlm:value="false" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Context" atidlm:value="/act[1]/body[1]/prov[1]" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Type" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Heading" atidlm:value="Title" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Label" atidlm:value="1" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Id" atidlm:value="DLM335996" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Number" atidlm:value="14" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Title" atidlm:value="Life Insurance Amendment Act 2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Year" atidlm:value="2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Revision_Number" atidlm:value="" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/></atidlm:resourcepair></atidlm:link></citation> is called <quote.in>the principal Act</quote.in>.</text>
</para>
</subprov>
</prov.body>
</prov>
<prov id="DLM336301" irdnumbering="no" skeleton="no" toc="yes" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">2</label>
<heading xml:lang="en-NZ">Commencement</heading>
<prov.body>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="no"/>
<para xml:lang="en-NZ">
<text>This Act comes into force on 26 April 2005.</text>
</para>
</subprov>
</prov.body>
</prov>
<prov id="DLM336302" irdnumbering="no" skeleton="no" toc="yes" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">3</label>
<heading xml:lang="en-NZ">Application</heading>
<prov.body>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="no"/>
<para xml:lang="en-NZ">
<text>The amendments to the principal Act in <citation jurisdiction="nz">section <atidlm:link xmlns:atidlm="http://www.arbortext.com/namespace/atidlm" atidlm:key="284810" atidlm:branchLabel="_NOVERSION_" atidlm:name="prov 4" atidlm:xmlId="DLM729608" atidlm:state="UNCHANGED"><atidlm:linkcontent>4</atidlm:linkcontent><atidlm:resourcepair atidlm:markupType="intref" atidlm:isIncludeOrRef="1" atidlm:seqNum="289129" atidlm:sourceXmlId="DLM729608" atidlm:targetKey="1996805" atidlm:targetXmlId="DLM336303" atidlm:targetName="prov 4" atidlm:sourceName="DLM729608" atidlm:targetLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:sourceLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:state="UNCHANGED"><atidlm:metadata atidlm:name="Name" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Amend" atidlm:value="false" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Context" atidlm:value="/act[1]/body[1]/prov[3]" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Type" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Heading" atidlm:value="Application" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Label" atidlm:value="3" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Id" atidlm:value="DLM335996" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Number" atidlm:value="14" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Title" atidlm:value="Life Insurance Amendment Act 2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Year" atidlm:value="2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Revision_Number" atidlm:value="" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/></atidlm:resourcepair></atidlm:link></citation> apply only in respect of persons who die on or after the commencement of this Act.</text>
</para>
</subprov>
</prov.body>
</prov>
<prov id="DLM336303" irdnumbering="no" skeleton="no" toc="yes" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">4</label>
<heading xml:lang="en-NZ">Reversion or vesting of policies assigned to husband or wife</heading>
<prov.body>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">1</label>
<para xml:lang="en-NZ">
<text><citation jurisdiction="nz">Section <atidlm:link xmlns:atidlm="http://www.arbortext.com/namespace/atidlm" atidlm:key="284811" atidlm:branchLabel="_NOVERSION_" atidlm:name="prov 2" atidlm:xmlId="DLM729609" atidlm:state="UNCHANGED"><atidlm:linkcontent>2</atidlm:linkcontent><atidlm:resourcepair atidlm:markupType="extref" atidlm:isIncludeOrRef="1" atidlm:seqNum="289130" atidlm:sourceXmlId="DLM729609" atidlm:targetKey="1375005" atidlm:targetXmlId="DLM193412" atidlm:targetName="prov 2" atidlm:sourceName="DLM729609" atidlm:targetLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM193411.xml" atidlm:sourceLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:state="UNCHANGED"><atidlm:metadata atidlm:name="Name" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Amend" atidlm:value="false" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Context" atidlm:value="/act[1]/body[1]/prov[4]" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Type" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Heading" atidlm:value="Reversion or vesting of policies assigned to husband or wife" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Label" atidlm:value="4" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Id" atidlm:value="DLM335996" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Number" atidlm:value="14" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Title" atidlm:value="Life Insurance Amendment Act 2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Year" atidlm:value="2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Revision_Number" atidlm:value="" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/></atidlm:resourcepair></atidlm:link> of the principal Act</citation> is amended by omitting from the heading the words <amend.in>or wife</amend.in>, and substituting the words <amend.in>, wife, civil union partner, de facto partner</amend.in>.</text>
</para>
</subprov>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">2</label>
<para xml:lang="en-NZ">
<text>- <citation jurisdiction="nz">Section <atidlm:link xmlns:atidlm="http://www.arbortext.com/namespace/atidlm" atidlm:key="284812" atidlm:branchLabel="_NOVERSION_" atidlm:name="prov 2" atidlm:xmlId="DLM729610" atidlm:state="UNCHANGED"><atidlm:linkcontent>2(1)</atidlm:linkcontent><atidlm:resourcepair atidlm:markupType="extref" atidlm:isIncludeOrRef="1" atidlm:seqNum="289131" atidlm:sourceXmlId="DLM729610" atidlm:targetKey="1375005" atidlm:targetXmlId="DLM193412" atidlm:targetName="prov 2" atidlm:sourceName="DLM729610" atidlm:targetLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM193411.xml" atidlm:sourceLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:state="UNCHANGED"><atidlm:metadata atidlm:name="Name" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Amend" atidlm:value="false" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Context" atidlm:value="/act[1]/body[1]/prov[4]" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Type" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Heading" atidlm:value="Reversion or vesting of policies assigned to husband or wife" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Label" atidlm:value="4" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Id" atidlm:value="DLM335996" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Number" atidlm:value="14" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Title" atidlm:value="Life Insurance Amendment Act 2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Year" atidlm:value="2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Revision_Number" atidlm:value="" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/></atidlm:resourcepair></atidlm:link> of the principal Act</citation> is amended by omitting the words <amend.in>policyholder, being a man, has assigned a policy on his own life to his wife, or, being a woman, has assigned a policy on her own life to her husband, and such wife or husband</amend.in> and substituting the words <amend.in>policyholder has assigned a policy on his or her own life to his or her wife or husband, civil union partner, or de facto partner and that wife or husband, civil union partner, or de facto partner</amend.in>.</text>
</para>
</subprov>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">3</label>
<para xml:lang="en-NZ">
<text><citation jurisdiction="nz">Section <atidlm:link xmlns:atidlm="http://www.arbortext.com/namespace/atidlm" atidlm:key="284813" atidlm:branchLabel="_NOVERSION_" atidlm:name="prov 2" atidlm:xmlId="DLM729611" atidlm:state="UNCHANGED"><atidlm:linkcontent>2(1)</atidlm:linkcontent><atidlm:resourcepair atidlm:markupType="extref" atidlm:isIncludeOrRef="1" atidlm:seqNum="289132" atidlm:sourceXmlId="DLM729611" atidlm:targetKey="1375005" atidlm:targetXmlId="DLM193412" atidlm:targetName="prov 2" atidlm:sourceName="DLM729611" atidlm:targetLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM193411.xml" atidlm:sourceLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:state="UNCHANGED"><atidlm:metadata atidlm:name="Name" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Amend" atidlm:value="false" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Context" atidlm:value="/act[1]/body[1]/prov[4]" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Type" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Heading" atidlm:value="Reversion or vesting of policies assigned to husband or wife" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Label" atidlm:value="4" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Id" atidlm:value="DLM335996" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Number" atidlm:value="14" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Title" atidlm:value="Life Insurance Amendment Act 2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Year" atidlm:value="2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Revision_Number" atidlm:value="" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/></atidlm:resourcepair></atidlm:link> of the principal Act</citation> is amended by inserting, after the words <quote.in>husband or wife,</quote.in>, the words <amend.in>civil union partner, or de facto partner,</amend.in>.</text>
</para>
</subprov>
<subprov skeleton="no" xml:lang="en-NZ">
<label auto.number="no" denominator="yes">4</label>
<para xml:lang="en-NZ">
<text><citation jurisdiction="nz">Section <atidlm:link xmlns:atidlm="http://www.arbortext.com/namespace/atidlm" atidlm:key="284814" atidlm:branchLabel="_NOVERSION_" atidlm:name="prov 2" atidlm:xmlId="DLM729612" atidlm:state="UNCHANGED"><atidlm:linkcontent>2(2)</atidlm:linkcontent><atidlm:resourcepair atidlm:markupType="extref" atidlm:isIncludeOrRef="1" atidlm:seqNum="289133" atidlm:sourceXmlId="DLM729612" atidlm:targetKey="1375005" atidlm:targetXmlId="DLM193412" atidlm:targetName="prov 2" atidlm:sourceName="DLM729612" atidlm:targetLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM193411.xml" atidlm:sourceLocator="file:///C:/epicuser/Doctypes/NZAct/fragxyxz_DLM335996.xml" atidlm:state="UNCHANGED"><atidlm:metadata atidlm:name="Name" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Amend" atidlm:value="false" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Context" atidlm:value="/act[1]/body[1]/prov[4]" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Element_Type" atidlm:value="prov" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Heading" atidlm:value="Reversion or vesting of policies assigned to husband or wife" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Label" atidlm:value="4" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Id" atidlm:value="DLM335996" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Number" atidlm:value="14" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Title" atidlm:value="Life Insurance Amendment Act 2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Legislation_Year" atidlm:value="2005" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/><atidlm:metadata atidlm:name="Revision_Number" atidlm:value="" atidlm:locale="xx_XX" atidlm:state="UNCHANGED"/></atidlm:resourcepair></atidlm:link> of the principal Act</citation> is amended by omitting the words <amend.in>policyholder, being a man, has assigned a policy on his own life to his wife, or, being a woman, has assigned a policy on her own life to her husband, and such wife or husband</amend.in> and substituting the words <amend.in>policyholder has assigned a policy on his or her life to his or her wife or husband, civil union partner, or de facto partner, and that wife or husband, civil union partner, or de facto partner</amend.in>.</text>
</para>
</subprov>
</prov.body>
</prov>
</body>
<end id="DLM336304" xml:lang="en-NZ">
<leg-history id="DLM336305">
<heading xml:lang="en-NZ">Legislative history</heading>
<history-item>
<date>10 March 2005</date>
<description>Divided from Relationships (Statutory References) Bill (Bill 151-2) as Bill 151-3K</description>
</history-item>
<history-item>
<date>15 March 2005</date>
<description>Third reading</description>
</history-item>
</leg-history>
</end>
</act>