Document ID: chunk:federal_register_of_legislation:F2021N00239:reg:5
Version: federal_register_of_legislation:F2021N00239
Segment Type: reg
Provision Reference: reg 5
Character Range: 2210–3267

5  Unconditional go‑head decision
 (1) Under section 55 of the Act, and in compliance with the decision‑making principles, the Commonwealth Government has no objection, unconditionally, to following trigger proposals:
 (a) the proposal by Resolution Life Finance (Bermuda) Ltd, Resolution Life NOHC Pty Ltd (ABN 48 633 375 069), Resolution Life Group Holdings (Australia) Pty Ltd (ABN 14 629 567 960) and AMP Holdings Limited (ABN 66 079 958 062) to enter into an agreement to allow Resolution Life Group Holdings (Australia) Pty Ltd (ABN 14 629 567 960), Resolution Life Finance (Bermuda) Ltd (incorporated in Bermuda) and AMP Holdings Limited to appoint and remove directors to the boards of AMP Life Limited (ABN 84 079 300 379) and RLNM Limited (ABN 72 004 020 437); and
 (b) the proposal by Resolution Life Finance (Bermuda) Ltd, Resolution Life NOHC Pty Ltd, Resolution Life Group Holdings (Australia) Pty Ltd and AMP Holdings Limited to amend the constitutions of AMP Life Limited and RLNM Limited to facilitate the proposal covered by paragraph (a).