INSURANCE - application under s 193 of the Life Insurance Act 1995 (Cth) for confirmation of a scheme transferring life insurance business - interlocutory application for dispensation of requirements of s 191(2)(c) - the meaning of "affected policy owner" under the Life Insurance Act-the difference between an "affected policy owner" under the Life Insurance Act and an "affected policyholder" under the Insurance Act 1973 (Cth) - an "affected policy owner" as a reference to a policy affected by the scheme, not an owner who was affected by the scheme - evidentiary considerations to be taken into account by the Court when granting a dispensation - where steps proposed to be taken are adequate to minimise disadvantage to the people of the dispensation - orders for dispensation made
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