Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INSURANCE ACT 1973 - SECT 22A

Continuation of effect of body corporate's NOHC authorisation

                   If APRA gives a notice of revocation of a body corporate's NOHC authorisation under subsection 21(5) or 22(2), the notice may state that the authorisation continues in effect in relation to a specified matter or specified period, as though the revocation had not happened, for the purposes of:

                     (a)  a specified provision of this Act or the regulations; or

                     (b)  a specified provision of another law of the Commonwealth that is administered by APRA; or

                     (c)  a specified provision of the prudential standards;

and the statement has effect accordingly.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback