CTHIn ForceAct
Life Insurance Act 1995
51APRA’s power to sue in the name of a company
Start here
Get a plain-English read of 51
Turn the raw legal text into a practical explanation grounded in Life Insurance Act 1995.
#### 51 APRA’s power to sue in the name of a company
If APRA thinks that it is in the interests of the owners of policies referable to a statutory fund to do so, APRA may bring an action against a person in the name, and for the benefit, of a life company for the recovery of an amount that the company is entitled to recover under section 50.