Life Insurance Act 1995
36Payments to statutory fund
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36 Payments to statutory fund
The following amounts must be credited by a life company to a statutory fund: (a) premiums payable under policies referable solely to the fund; (b) in the case of a policy that is referable to the fund and one or more other statutory funds, the proportion of the premium that, by virtue of a provision in the policy document, is to be credited to the fund; (c) amounts paid to the company in relation to a liability under section 48 or 50 in relation to the fund; (d) income from the investment of assets of the fund; (e) money paid to or by the company under a judgment of a court relating to any matter concerning the business of the fund or any failure to comply with this Part in relation to the fund; (f) any other money received by the life company in connection with its conduct of the business of the fund.