Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 (44 of 1999)

Schedule 4   Amendment of the Life Insurance Act 1995

31   Subsection 85(1)

Repeal the subsection, substitute:

(1) APRA may, in writing, approve a person as an auditor of life companies of either or both of the following kinds:

(a) life companies other than friendly societies;

(b) friendly societies.