Document ID: chunk:federal_register_of_legislation:C2025C00135:section:28d
Version: federal_register_of_legislation:C2025C00135
Segment Type: section
Provision Reference: s 28D
Character Range: 110988–111630

28D  When APRA must revoke a NOHC registration
 (1) APRA must revoke a body corporate's NOHC registration if:
 (a) the body corporate asks (in writing) APRA to do so; and
 (b) APRA is satisfied that revoking the registration would not be contrary to either:
 (i) the public interest; or
 (ii) the interests of the policy owners of any life company that is a subsidiary of the body corporate.
 (2) If APRA revokes a body corporate's NOHC registration, APRA must give written notice to the body.
 (3) Revocation under this section of the registration of a body corporate takes effect when APRA gives the body written notice of the revocation.