Commonwealth Consolidated Acts

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INSURANCE ACT 1973 - SECT 17H

Costs of actuary's report

  (1)   When a scheme is confirmed, the body corporate that applied for the confirmation becomes liable to pay to the Commonwealth an amount equal to the expenses reasonably incurred by APRA in obtaining a report under section   17D in relation to the scheme.

  (2)   An amount due under subsection   (1) may be recovered by the Commonwealth as a debt in any court of competent jurisdiction.



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