Document ID: chunk:federal_register_of_legislation:C2025C00135:front:0:p3
Version: federal_register_of_legislation:C2025C00135
Segment Type: other
Provision Reference: 
Character Range: 5442–8502

foreign life insurance company
16ZE Limited application of Act to eligible foreign life insurance companies
16ZF Compliance Committee of eligible foreign life insurance company
16ZG Address for service of eligible foreign life insurance companies
Part 3—Registration of life companies and their NOHCs
Division 1—Registration of life companies
17 When registration is required
18 Certain activities not regarded as carrying on life business
19 Certain persons taken to carry on life business etc.
20 Application for registration
21 Decision on application for registration
22 Conditions on registration
23 Breach of registration conditions
26 When APRA may revoke registration
27 Voluntary deregistration
27A Assignment of liabilities to enable revocation
Division 2—Registration of NOHCs of life companies
28A Registration as a NOHC
28B Conditions on a NOHC registration
28BA Breach of conditions on a NOHC registration
28C When APRA may revoke a NOHC registration
28D When APRA must revoke a NOHC registration
28E Continuation of body corporate's NOHC registration
28 Continuation of effect of company's registration
28AA APRA may give notice to ensure that life company has a registered NOHC
Part 4—Statutory funds of life companies
Division 1—General requirements
29 What is a statutory fund?
30 Outline of requirements regarding statutory funds
31 Requirement that company have statutory funds
32 Duty of company in relation to statutory funds
33 Notice to APRA when fund established
34 Assets of statutory fund
35 Identification of policies referable to statutory fund
36 Payments to statutory fund
37 Capital payments to statutory funds
38 Expenditure and application of statutory fund
38A Charges relating to derivatives
38B Friendly societies mortgaging and charging assets of approved benefit funds
39 Prohibition of reinsurance between funds
40 Mortgages etc. of assets
41 Effect of non‑compliance with section 38general
41A Effect of non‑compliance with section 38certain classes of transactions
42 Investment performance guarantee—limit of certain liabilities
43 Investment of statutory funds
43A Investment of statutory funds—investment in subsidiaries of life company
45 Transfer of assets between funds
46 Restriction on restructure or termination of statutory funds
47 Ascertainment of income and outgoings of a statutory fund
Division 2—Duties and liabilities of directors etc.
48 Duty of directors in relation to statutory funds
49 APRA may give notice
50 Liability of directors
51 APRA's power to sue in the name of a company
Division 3—Restructure and termination of statutory funds
52 Restructure of statutory funds
53 Termination of statutory funds
Division 4—Additional requirements for transfer of policies between statutory funds by endorsement
55 Additional requirements for transfer of policies between statutory funds by endorsement
Division 5—Allocation of profits and losses and capital payments
56 Interpretation
57 Obligation to allocate operating profit or loss
58 Operating profit etc.
59 Allocation of operating profit etc.