Document ID: chunk:federal_register_of_legislation:C2010C00224:clause:2_106
Version: federal_register_of_legislation:C2010C00224
Segment Type: clause
Provision Reference: sch 2 cl 106
Character Range: 98946–100724

106  Supply of information about issue and revocation of directions

Power to publish notice of directions in Gazette

 (1) APRA may publish in the Gazette notice of any direction made under section 104. The notice must include the name of the general insurer or authorised NOHC given the direction and a summary of the direction.

Requirement to publish notice of revocation of certain directions in Gazette

 (2) If APRA publishes notice of a direction made under section 104 and then later revokes the direction, APRA must publish in the Gazette notice of that revocation as soon as practicable after the revocation. Failure to publish notice of the revocation does not affect the validity of the revocation.

Requirement to provide information about direction to Treasurer

 (3) If the Treasurer requests APRA to provide information about:
 (a) any directions given under section 104 to a particular general insurer or authorised NOHC; or
 (b) any directions given under section 104, during a specified period, to any general insurers or authorised NOHCs;
APRA must comply with the request.

Power to inform Treasurer of direction

 (4) APRA may provide any information that it considers appropriate to the Treasurer about:
 (a) any directions given under section 104 to any general insurer or authorised NOHC at any time; or
 (b) any revocations of any such directions.

Requirement to inform Treasurer of revocation of direction if informed of making of direction

 (5) If APRA provides the Treasurer with information about a direction and then later revokes the direction, APRA must notify the Treasurer of the revocation of the direction as soon as practicable after the revocation. Failure to notify the Treasurer does not affect the validity of the revocation.