Document ID: chunk:federal_register_of_legislation:C2009A00075:clause:1_133
Version: federal_register_of_legislation:C2009A00075
Segment Type: clause
Provision Reference: sch 1 cl 133
Character Range: 28685–30029

133  Subsections 230A(7) and (9)
Repeal the subsections, substitute:
 (7) If APRA determines or varies a standard referred to in paragraph (1)(c) it must, as soon as practicable, give a copy of the standard or variation to:
 (a) if the standard applies to one or more life companies that are not subsidiaries of a registered NOHC—each of those life companies; and
 (b) if the standard applies to one or more registered NOHCs—each of those registered NOHCs; and
 (c) if the standard applies to one or more subsidiaries of a life company or registered NOHC—each of those subsidiaries or, if they are specified as subsidiaries of the life company or registered NOHC, the life company or registered NOHC (as appropriate).
 (9) If APRA revokes a standard referred to in paragraph (1)(c) it must, as soon as practicable, give notice of the revocation to:
 (a) if the standard applied to one or more life companies that are not subsidiaries of a registered NOHC—each of those life companies; and
 (b) if the standard applied to one or more registered NOHCs—each of those registered NOHCs; and
 (c) if the standard applied to one or more subsidiaries of a life company or registered NOHC—each of those subsidiaries or, if they are specified as subsidiaries of the life company or registered NOHC, the life company or registered NOHC (as appropriate).