Commonwealth Consolidated Acts

LIFE INSURANCE ACT 1995 - SECT 183

  (1)   Before making an application to the Court in relation to a matter arising under the winding - up of an entity covered by subsection   (4), or the proposed winding - up of an entity covered by subsection   (4), a liquidator must give APRA written notice that the liquidator proposes to make the application.

  (2)   The notice must include details of the proposed application.

  (3)   APRA is entitled to be heard on the application.

  (4)   This subsection covers the following entities:

  (a)   a life company;

  (b)   a registered NOHC;

  (c)   a subsidiary of a life company or registered NOHC.