Subdivision Repatriation of assets - Insurance (prudential standard) determination No. 8 of 2006 - Prudential Standard GPS 120 - Assets in Australia - Repatriation of assets | Zoe
Insurance (prudential standard) determination No. 8 of 2006 - Prudential Standard GPS 120 - Assets in Australia
Repatriation of assetsRepatriation of assets
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An amount representing any expected repatriation of net assets in Australia by a foreign insurer out of the current year profits of its branch in Australia is excluded from being an asset in Australia.[13]