Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999
73BManagement capital standard
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73B Management capital standard
(1) The management capital standard consists of provision made by an actuarial standard for the purposes of this Division. (2) The management capital standard may be so expressed as to set different standards of management capital:
(a) for different classes of companies; or
(b) to have effect in relation to a company in circumstances specified in the management capital standard.
(3) The Board may only make an actuarial standard referred to in subsection (1) with the agreement of APRA.