Commonwealth Consolidated Acts

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LIFE INSURANCE ACT 1995 - SECT 33

Notice to APRA when fund established

             (1)  Whenever a life company establishes a statutory fund otherwise than under an approval given under section 52, the company must give APRA written notice of:

                     (a)  the establishment of the fund; and

                     (b)  the date on which the fund was established; and

                     (c)  the nature of the life insurance business of the company to which the fund relates; and

                     (d)  such other matters as are prescribed by the regulations.

             (2)  The notice must be given in accordance with the regulations.



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