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INSURANCE ACT 1973 - SECT 8 General administration of Act

INSURANCE ACT 1973 - SECT 8

General administration of Act

  (1)   Subject to subsections   (2) and (3), APRA has the general administration of this Act.

  (2)   ASIC has the general administration of section   114.

  (3)   The Minister may give APRA or ASIC directions about the performance or exercise of its functions or powers under this Act.