Division Information to be lodged with APRA follo - Life Insurance (prudential standard) determination No. 11 of 2010 - Prudential Standard LPS 600 - Statutory Funds - Information to be lodged with APRA following the restructure

If a restructure of statutory funds involves the establishment of a new statutory fund (the ‘receiving fund’), the life company must give to APRA, within 6 weeks after the establishment of the receiving fund, a written notice setting out the following:

(a) the nature and terms of the establishment of the receiving fund; and

(b) the nature and value of assets transferred from a transferring fund to the receiving fund; and

The notice referred to in paragraph 17 must be accompanied by statements that the receiving fund has been established in accordance with section 52 of the Act, certified by:

(a) the principal executive officer; and

(b) the appointed actuary; and

Information to be lodged with APRA folloInformation to be lodged with APRA following the restructure