Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A life company may apply to APRA for the suspension or variation of its obligation to make payments under section 207.
(2) If APRA thinks that such payments would prejudice:
(a) the financial stability of the company; or
(b) the interests of the policy owners of the company;
APRA may, in writing, suspend or vary the company's obligation to pay the surrender values for such period as APRA thinks fit.
(3) A suspension or variation may be subject to such conditions as APRA thinks fit.