Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A life company that appoints a person under section 93 must give APRA written notice of:
(a) the name of the person; and
(b) details of the actuarial qualifications and experience of the applicant; and
(c) the date of the appointment; and
(d) any other matter specified in the prudential standards.
(2) Notice under subsection (1) must be given within 14 days after the day of the appointment.
(3) If a person ceases to be the appointed actuary of a life company, the company must give APRA written notice that the person has so ceased and of the date on which he or she so ceased.
(4) Notice under subsection (3) must be given within 14 days after the day on which the person ceased to be the appointed actuary of the company.