Commonwealth Consolidated Regulations
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LIFE INSURANCE REGULATIONS 1995
- made under the Life Insurance Act 1995
TABLE OF PROVISIONS
PART 1--PRELIMINARY
1. Name of regulations [see Note 1]
1.02. Commencement
1.03. Definitions
2.01. Contract to pay annuity -- term prescribed
PART 2A--SPECIAL PROVISIONS RELATING TO LIFE COMPANIES THAT ARE FRIENDLY SOCIETIES
2A.01. Modifications of the Act in its application to friendly societies
PART 2B--SPECIAL PROVISIONS RELATING TO AUSTRALIAN BRANCHES OF FOREIGN LIFE INSURANCE COMPANIES
2B.01. Eligible foreign life insurance company
4.00. Notice of establishment of statutory fund
4.00A. Charges over the assets of statutory funds: derivative contracts (Act, s 38 (3) (c))
4.00B. Charges over the assets of approved benefit funds (Act s 38 (3) (c))
4.01. Statutory funds -- maximum amount of unsecured borrowing
4.01A. Prohibited investments
9.01. Copy of scheme for transfer etc to be given to APRA (and to PHIAC, and the Minister for Health and Aged Care, if required)
9.02. Notice of intention to apply for confirmation of scheme
9.03. Application for confirmation of scheme
9.04. Documents to be lodged with APRA
10.01. Assignment of life policy -- prescribed form
10.02. Notice of change of trustee of life policy
10.04. Division 4 of Part 10 of the Act to apply to certain life policies with modifications (Act, s 206 (3))
10.05. Interest on overdue premiums -- prescribed terms
10.05A. Unclaimed money -- statements
10.05B. Public notice of unclaimed moneys
10.06. Calculation of net claim value of policy
11.00. Form and content of Register of Life Companies
11.01. Fee for inspection or copying of documents
13.02. Definition of superannuation policy -- dictionary
SCHEDULE 2 Modification of Division 4 of Part 10 of the Act (Surrender values, paid-up policies and non-forfeiture of policies
SCHEDULE 4 Forms
SCHEDULE 5 Modifications of the Act in relation to friendly societies
SCHEDULE 6 Further modifications of the Act in relation to jointly regulated friendly societies
SCHEDULE 7 Approved bodies
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