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Life Insurance (prudential standard) determination No. 3 of 2012
No longer in force
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Administered by
Department of the Treasury
This item is authorised by the following title:
Life Insurance Act 1995
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F2012L02463
14 December 2012
-
30 June 2023
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Legislative instrument
Explanatory statement
Supporting material 1
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Table of contents
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Authority
Application
Interpretation
Capital base of a life company
Common Equity Tier 1 Capital
Additional Tier 1 Capital
Tier 2 Capital
Additional Tier 1 or Tier 2 Capital issued overseas by the life company
Use of Special Purpose Vehicles to issue Additional Tier 1 and Tier 2 Capital instruments
Holding of capital instruments in group members by other group members
Capital base of a statutory fund
Capital base of a general fund
Adjustments and exclusions
Transition
Criteria for classification as paid-up ordinary shares
Attachment B
General rules for regulatory adjustments
Holdings of own capital instruments
Regulatory adjustments to Common Equity Tier 1 Capital
Regulatory adjustments to the net assets of a statutory fund or general fund
Attachment C
Attachment D
Attachment E
Attachment F
Attachment G
Attachment H
Non-participating benefits
Participating benefits
Liability options and asymmetries
Friendly societies
