Implementation
There has been no formal response to ALRC 91 from the Australian Government.
Recommendation 34 suggested amending the draft Financial Services Reform Bill to apply the Insurance (Agents and Brokers) Act 1984 (Cth) to contracts of marine insurance and consequentially repeal ss 59 and 60 of the Marine Insurance Act 1909 (Cth). This recommendation was adopted, and the Financial Services Reform (Consequential Provisions) Act 2001 (Cth) repealed ss 59 and 60 of the Marine Insurance Act.