Document ID: chunk:federal_register_of_legislation:C2018A00010:clause:4_80
Version: federal_register_of_legislation:C2018A00010
Segment Type: clause
Provision Reference: sch 4 cl 80
Character Range: 414023–414530

80  Section 36A(1)
Repeal the subsection, substitute:
 (1) This Part deals with proposals by an ADI, general insurer or life insurer (the operating body) for a restructure arrangement (under Part 5.1 of the Corporations Act 2001) that would:
 (a) make the operating body a subsidiary of a non‑operating holding company (NOHC); or
 (b) would facilitate compliance by the operating body (or a related body corporate of the operating body) with a requirement under certain directions or prudential standards.