Commonwealth Consolidated Acts

LIFE INSURANCE ACT 1995 - SECT 16N

                   Benefit fund rules approved by APRA under section 16L come into force on the later of the following days:

                     (a)  the day on which APRA approved the rules;

                     (b)  the day (if any) specified in the rules as the day on which they are to come into force;

                     (c)  if the company that applied for approval of the rules was not a friendly society on the day on which the application was made--the day on which the company becomes a friendly society.