Document ID: chunk:federal_register_of_legislation:C2010C00544:clause:1_184
Version: federal_register_of_legislation:C2010C00544
Segment Type: clause
Provision Reference: sch 1 cl 184
Character Range: 93566–94202

184  At the end of section 43
Add:

 (2) A general insurer must end a person's appointment as auditor or actuary of the general insurer, by giving the person written notice under paragraph (1)(e), if the general insurer is satisfied that the person:
 (a) has, in relation to the insurer, failed to perform adequately and properly the functions and duties of the appointment under this Act or the prudential standards; or
 (b) does not meet one or more of the criteria for fitness and propriety set out in the prudential standards; or
 (c) does not meet the eligibility criteria for the appointment set out in the prudential standards.