66ANotices to show cause

#### 66A Notices to show cause 66A Notices to show cause > > (1) This section applies if the Secretary believes, on reasonable grounds, that— > > > > > (a) for a fund that is a funeral contribution fund— > > > > > > > (i) the fund is no longer able to carry on contributory funeral benefit business successfully, or > > > > > > > (ii) the fund no longer satisfies the requirements for registration specified in section 13, or > > > > > > > (iii) the fund is not fit to be registered having regard to the character and reputation of the directors and other officers of the company, or > > > > > > > (iv) the fund is not complying with the conditions, if any, of its registration, or > > > > > (b) for a fund that is a pre-paid funeral fund— > > > > > > > (i) the fund is no longer able to carry on pre-paid funeral benefit business successfully, or > > > > > > > (ii) the fund (not being a fund registered under section 39A) no longer meets the requirements for registration specified in section 36, or > > > > > > > (iii) if the fund is a corporation—the fund is no longer fit to be registered having regard to the character and reputation of the directors and other officers of the corporation or another matter prescribed for the purposes of section 37 (2) (c) (ii), or > > > > > > > (iv) if the fund is a group of individuals—the fund is no longer fit to be registered having regard to the character and reputation of each of those individuals or another matter prescribed for the purposes of section 37 (2) (d) (ii), or > > > > > > > (v) the fund is not complying with the conditions, if any, of its registration. > > > (2) The Secretary may, by notice in writing served on the fund, call on the fund to show cause, within a specified period, being not less than 14 days, why the fund should not, for the reasons specified in the notice, be dealt with in accordance with this Division. > > > (3) The Secretary may conduct such inquiry or make such investigation in relation to the matters to which the notice relates and the submissions made, if any, and the evidence adduced, if any, by or on behalf of the fund in relation to those matters as the Secretary thinks fit. > > **s 66A:** Ins 2003 No 61, Sch 1 \[37\]. Am 2004 No 91, Sch 1.17 \[8\]; 2016 No 60, Sch 2.4 \[8\].