Document ID: chunk:federal_register_of_legislation:C2025C00173:section:114
Version: federal_register_of_legislation:C2025C00173
Segment Type: section
Provision Reference: s 114
Character Range: 147881–148795

114  Referring matters to professional associations for actuaries
 (1) If APRA considers that an appointed actuary of a private health insurer:
 (a) has failed, whether within or outside Australia, to perform adequately and properly:
 (i) the actuary's statutory functions and duties; or
 (ii) the actuary's functions or duties under any other law of the Commonwealth, or of a State or Territory; or
 (b) is otherwise not a fit and proper person to be the actuary of a private health insurer;
APRA may, in writing, refer the details of the matter to those members of the professional association of the actuary whom APRA considers will be involved in considering or taking any disciplinary or other action concerning the matter against the actuary.
 (2) If APRA refers details of a matter under this section, APRA must also give written notice of the referral (including the nature of the matter) to the actuary.