Document ID: chunk:federal_register_of_legislation:C2018A00010:clause:5_27
Version: federal_register_of_legislation:C2018A00010
Segment Type: clause
Provision Reference: sch 5 cl 27
Character Range: 431533–431993

27  Paragraphs 15C(3)(c) and (d)
Repeal the paragraphs, substitute:
 (c) if the party is an ADI, a general insurer or a life company—that the party has each material authorisation (however described) necessary for its regulated business;
 (d) if minimum capital requirements under the Banking Act 1959, the Insurance Act 1973 or the Life Insurance Act 1995 apply to the party—that either subsection (4) or subsection (5) is satisfied in respect of the party.