Document ID: chunk:federal_register_of_legislation:C2025C00157:section:62m:p2
Version: federal_register_of_legislation:C2025C00157
Segment Type: section
Provision Reference: s 62M (pt 2/2)
Character Range: 187486–188050

and liabilities in Australia.
 (2) For the purposes of subparagraph (1)(a)(iva), the requirement in this subsection is that the appointment mentioned in that subparagraph poses a significant threat to:
 (a) the operation or soundness of the general insurer; or
 (b) the interests of policyholders of the general insurer; or
 (c) the stability of the financial system in Australia.
 (3) The regulations may specify that a particular form of support for a general insurer is not to be considered external support for the purposes of subparagraphs (1)(a)(i) and (ii).