Commonwealth Consolidated Acts

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INSURANCE ACT 1973 - SECT 30

General insurer or authorised NOHC ceasing to exist

  (1)   If APRA is satisfied that a general insurer or authorised NOHC has ceased to exist, APRA must ensure that notice of that fact is published in the Gazette .

  (2)   The authorisation under section   12 or 18 (as the case may be) of the insurer or NOHC is taken to be revoked when the Gazette notice is published.


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