Document ID: chunk:federal_register_of_legislation:C2005C00502:clause:1_15:p2
Version: federal_register_of_legislation:C2005C00502
Segment Type: clause
Provision Reference: sch 1 cl 15 (pt 2/2)
Character Range: 16492–17077

consideration of any submission, as mentioned in paragraph (3)(b).

 (4) APRA may, with the Treasurer's written agreement, decide that subsection (3) does not apply if APRA is satisfied that complying with that subsection could result in a delay in revocation that would be contrary to the national interest.

 (5) If APRA revokes a general insurer's authorisation, APRA must:
 (a) give written notice to the insurer; and
 (b) ensure that notice of the revocation is published in the Gazette.

 (6) A revocation is not invalid merely because of a failure to comply with subsection (5).