Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The principal executive officer of a life company, for the purposes of this Act, is the person nominated for the purposes of section 20.
(4) A life company may, at any time, give APRA written notice specifying a person who is to be the principal executive officer of the life company for the purposes of this Act.
(5) On the giving by a life company of a notice under subsection
(4), the person specified in the notice becomes the principal executive
officer of the life company for the purposes of this Act.