Document ID: chunk:federal_register_of_legislation:F2023C00046:clause:1_9:p3
Version: federal_register_of_legislation:F2023C00046
Segment Type: clause
Provision Reference: sch 1 cl 9 (pt 3/3)
Character Range: 19574–20113

to satisfy relevant standards published by the Australian Prudential Regulation Authority about minimum surrender values and paid up values.
        Note  Paragraphs 5JA(1)(b) and 5JB(1A)(b) of the Act require the Commission to be satisfied, in relation to an income stream, that there is in force a current actuarial certificate stating that in the actuary's opinion there is a high probability that the provider of the income stream will be able to pay the income stream as required under the income stream's contract or governing rules.