Document ID: chunk:federal_register_of_legislation:F2024L01053:front:0:p21
Version: federal_register_of_legislation:F2024L01053
Segment Type: other
Provision Reference: 
Character Range: 55422–58510

Act.
    [ADI, GI, LI] policyholder means a policyholder as referred to in the Insurance Act or a policy owner as referred to in the Life Insurance Act.
    [LI] policy liability has the same meaning as in the Dictionary to the Life Insurance Act.
    [LI] policy owner profit share means the entitlement of the policy owner to share in the profits emerging from the benefits.
    [ADI] PPF provider or purchased payment facility provider refers to an ADI with authority to provide purchased payment facilities.
    [GI] prescribed capital amount is as defined in Prudential Standard GPS 110 Capital Adequacy.
    [LI] prescribed capital amount is as defined in Prudential Standard LPS 110 Capital Adequacy.
    [PHI] prescribed capital amount is as defined in Prudential Standard HPS 110 Capital Adequacy.
    [ADI] Privacy Act refers to the Privacy Act 1988.
    [PHI] private health insurer has the same meaning as in the PHIPS Act.
    [PHI] probability of adequacy means the percentile required to meet individual elements of Prudential Standard HPS 110 Capital Adequacy.
    [ADI] Prudential Capital Requirement (PCR) means the minimum amount of Regulatory Capital that an ADI or NOHC must hold as defined in Prudential Standard APS 110 Capital Adequacy.
    [GI] Prudential Capital Requirement (PCR) means the minimum amount of capital an insurer or Level 2 insurance group must hold as defined in Prudential Standard GPS 110 Capital Adequacy.
    [LI] Prudential Capital Requirement (PCR) is as defined in Prudential Standard LPS 110 Capital Adequacy.
    [PHI] Prudential Capital Requirement (PCR) means the minimum amount of capital that an insurer must hold as defined in Prudential Standard HPS 110 Capital Adequacy.
    [ADI] prudential disclosures means the minimum requirements relating to the disclosure by an ADI of information about its capital adequacy under Prudential Standard APS 330 Capital Adequacy: Public Disclosure of Prudential Information.
    [GI] prudential matters has the same meaning as in the Insurance Act.
    [ADI] prudential requirements include requirements imposed by the Banking Act, prudential standards made under the Banking Act, reporting standards made under FSCODA, conditions on the ADI's authorisation and any other requirements imposed by APRA in writing.
    [GI] prudential requirements include requirements imposed by the Insurance Act, the Insurance Regulations 2002, prudential standards determined under the Insurance Act, the FSCODA, reporting standards, conditions imposed under the Insurance Act on the insurer's authorisation, directions issued by APRA pursuant to the Insurance Act and any other requirements imposed by APRA in writing.
    [LI] prudential requirements include requirements imposed by the Life Insurance Act, the Life Insurance Regulations 1995, prudential standards determined under the Life Insurance Act, the FSCODA, reporting standards made under FSCODA, conditions imposed under the Life Insurance Act on the life company's authorisation, directions issued by APRA pursuant to the Insurance Act and other