Document ID: chunk:federal_register_of_legislation:C2025C00135:section:83
Version: federal_register_of_legislation:C2025C00135
Segment Type: section
Provision Reference: s 83
Character Range: 178219–178826

83  Requirement for life company to have an auditor
 (1) A life company must have an auditor appointed by the life company (the principal auditor) to perform the functions of an auditor set out in the prudential standards.
 (2) Within 6 weeks after a person stops being the principal auditor of a life company, the life company must appoint another person to be the principal auditor.
 (3) The principal auditor must perform the functions of an auditor set out in:
 (a) the prudential standards; and
 (b) the reporting standards determined by APRA under the Financial Sector (Collection of Data) Act 2001.