CTHIn ForceAct
Life Insurance Act 1995
16NWhen benefit fund rules approved by APRA come into force
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16N When benefit fund rules approved by APRA come into force
Benefit fund rules approved by APRA under section 16L come into force on the later of the following days: (a) the day on which APRA approved the rules; (b) the day (if any) specified in the rules as the day on which they are to come into force; (c) if the company that applied for approval of the rules was not a friendly society on the day on which the application was made—the day on which the company becomes a friendly society.