Document ID: chunk:federal_register_of_legislation:F2019L00646:body:0:p21
Version: federal_register_of_legislation:F2019L00646
Segment Type: other
Provision Reference: 
Character Range: 54838–58002

relating to this application should be directed.

    Name

    Position title

    Phone

    Email address

    6.  Address for correspondence

    Please provide the address to which correspondence relating to this application should be mailed.

    7. Signatures

    This form must be signed by:

       (a)          the principal executive officer of the friendly society; or

       (b)          an officer of the friendly society who has been authorised for that purpose by the principal executive officer, if the principal executive officer has notified APRA in writing of the authorisation.

    Name               Position title

    Signature       Date

Please send completed form and accompanying documents to your responsible supervisor.

Schedule 1 to Form 6

Specified documents required to be lodged with Form 6
     1. A statement of the nature of the proposed termination and the terms and conditions on which the termination is to take place. Unless otherwise advised by APRA in writing, the statement must include the following information:

       (a)          the name of the approved benefit fund that is proposed to be terminated;

       (b)          the date from which the termination is proposed to have effect;

       (c)          the reasons for the proposed termination;

       (d)          the manner in which the friendly society intends to distribute the assets of the approved benefit fund that is to be terminated;

       (e)          the effect of the proposed termination on the interests of the members of the approved benefit fund;

       (f)           any interest that any officer of the friendly society has in the proposed termination;

       (g)          any compensation or other consideration proposed to be paid, or any other incentive proposed to be given, to any officer or member of the friendly society in relation to the proposed termination;

       (h)          whether there has been any material change to the financial position of the approved benefit fund since the date at which the profit and loss statement or balance sheet were prepared under item 2 of this Schedule; and

       (i)            such other information as APRA requires in writing.

    2.             Unless APRA determines in writing that they are not required, the most recent audited:

       (a)          profit and loss statement; and

       (b)          balance sheet

    prepared in accordance with the relevant reporting standards applicable to friendly societies made by APRA under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 for each fund that is to be involved in the termination, provided that they were prepared at a date no earlier than six months before the date of the application under paragraph 74 of this Prudential Standard.

    3.             A certificate signed by the Appointed Actuary certifying that, having regard to all matters relevant to the proposed termination, the actuary considers that the termination would be in the interests of the members of the approved benefit fund.

    4.             A copy of:

       (a)