Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010 (82 of 2010)
Schedule 2 Amendment of the Insurance Act 1973
Part 1 Amendments
58 Paragraph 62ZW(a)
Repeal the paragraph, substitute:
(a) allows the Minister to make a declaration about a general insurer:
(i) that is under judicial management and APRA believes is insolvent; or
(ii) for which an external administrator has been appointed under Chapter 5 of theCorporations Act 2001 and APRA believes is insolvent; and
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
