Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies to a person who is, or has been, an auditor of a body corporate that is or was a life company, a registered NOHC or a subsidiary of a life company or registered NOHC.
(2) A person to whom this section applies has qualified privilege in respect of:
(a) any statement, written or oral, made by him or her under, or for the purposes of, a provision of this Act, the Financial Sector (Collection of Data) Act 2001 or the Financial Accountability Regime Act 2023 ; and
(b) the answer to any question he or she is required by the audit committee of the body to answer.
(3) The privilege conferred by this section is in addition to any privilege conferred on a person by the Corporations Act 2001 .