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policy stakeholder

    218a natural person (excluding a policyholder) who is under a contractual or statutory obligation, which does not arise solely from that person’s trade or profession, to pay an amount:

      1. (1) relating to:
        1. (a) the premium; and
        1. (b) any other costs connected to the distribution,
        of a non-investment insurance contract; and
      1. (2) where the obligation arises in relation to the person having an interest and/or benefit in the subject matter of the insurance.