Commonwealth Consolidated Acts

INSURANCE ACT 1973 - SECT 30

             (1)  If APRA is satisfied that a general insurer or authorised NOHC has ceased to exist, APRA must ensure that notice of that fact is published in the Gazette .

             (2)  The authorisation under section 12 or 18 (as the case may be) of the insurer or NOHC is taken to be revoked when the Gazette notice is published.