CTHRepealedLegislation
Insurance Regulations 2002
7Notice of commencement and cessation of insurance business
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7 Notice of commencement and cessation of insurance business
(1) A body corporate authorised under the Act to carry on insurance business in Australia must tell APRA, in writing, of the date on which it started to carry on the business within 7 days after that date.
Penalty: 5 penalty units.
(2) A body corporate authorised under the Act to carry on insurance business in Australia must tell APRA, in writing, of the date on which it ceases to carry on the business within 7 days after that date.
Penalty: 5 penalty units.