Document ID: chunk:federal_register_of_legislation:C2025C00157:section:92s
Version: federal_register_of_legislation:C2025C00157
Segment Type: section
Provision Reference: s 92S
Character Range: 376838–377590

92S  Return of security deposit
 (1) If:
 (a) section 93 has ceased to have effect; and
 (b) APRA is satisfied that there are no outstanding liabilities of Lloyd's underwriters that are covered by any designated security trust fund;
APRA must return to:
 (c) Lloyd's; or
 (d) if a company nominated by Lloyd's deposited securities with APRA under section 92Q—that company;
such of the securities lodged by Lloyd's or that company, as the case may be, under section 92Q as have not been applied under section 92R.
 (2) In this section:
Lloyd's underwriter includes:
 (a) a former Lloyd's underwriter; and
 (b) the legal personal representative of a Lloyd's underwriter or a former Lloyd's underwriter.

Division 6—Authorisation of Lloyd's underwriters