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Life Insurance Regulations 1995

Authoritative Version
SR 1995 No. 141 Regulations as amended, taking into account amendments up to Financial Services Legislation Amendment (Wholesale Margining) Regulation 2016
Administered by: Treasury
Registered 04 Nov 2016
Start Date 29 Oct 2016

Life Insurance Regulations 1995

Statutory Rules No. 141, 1995

made under the

Life Insurance Act 1995

Compilation No. 26

Compilation date:                              29 October 2016

Includes amendments up to:            F2016L01657

Registered:                                         4 November 2016

 

About this compilation

This compilation

This is a compilation of the Life Insurance Regulations 1995 that shows the text of the law as amended and in force on 29 October 2016 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Legislation Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on the Legislation Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

  

  

  


Contents

Part 1—Preliminary                                                                                                             1

1............................ Name of regulations............................................................ 1

1.03....................... Definitions.......................................................................... 1

Part 2—Explanation of key concepts                                                                         2

2.01....................... Contract to pay annuity—term prescribed........................... 2

Part 2A—Special provisions relating to life companies that are friendly societies             3

2A.01.................... Modifications of the Act in its application to friendly societies                3

Part 2B—Special provisions relating to Australian branches of foreign life insurance companies         4

2B.01..................... Eligible foreign life insurance company.............................. 4

Part 4—Statutory funds of life companies                                                             5

4.00....................... Notice of establishment of statutory fund........................... 5

4.00A.................... Charges over the assets of statutory funds: derivative contracts (Act, s 38(3)(c))    5

4.00B..................... Charges over the assets of approved benefit funds (Act s 38(3)(c))        8

4.01A.................... Prohibited investments........................................................ 8

Part 9—Transfers and amalgamations of life insurance business         10

9.01....................... Copy of scheme for transfer etc. to be given to APRA..... 10

9.02....................... Notice of intention to apply for confirmation of scheme... 10

9.03....................... Application for confirmation of scheme............................ 10

9.04....................... Documents to be lodged with APRA............................... 11

Part 10—Provisions relating to policies                                                                  13

10.01..................... Assignment of life policy—prescribed form..................... 13

10.02..................... Notice of change of trustee of life policy.......................... 13

10.04..................... Division 4 of Part 10 of the Act to apply to certain life policies with modifications (Act, s 206(3))        13

10.05..................... Interest on overdue premiums—prescribed terms............. 13

10.05A.................. Unclaimed money—statements......................................... 13

10.05AA............... Unclaimed money—interest payable................................. 14

10.05B................... Public notice of unclaimed moneys................................... 15

10.06..................... Calculation of net claim value of policy............................ 15

Part 11—Miscellaneous                                                                                                    16

11.01..................... Fee for inspection or copying of documents..................... 16

Part 13—Dictionary                                                                                                            17

13.02..................... Definition of superannuation policy—dictionary.............. 17

Part 14—Transitional arrangements                                                                       18

Division 14.1—Transitional arrangements arising out of the Financial System Legislation Amendment (Resilience and Collateral Protection) Regulation 2016 18

14.01..................... Arrangements................................................................... 18

Schedule 2—Modification of Division 4 of Part 10 of the Act (Surrender values, paid‑up policies and non‑forfeiture of policies) 19

Schedule 4—Forms                                                                                                     20

Form 2—Memorandum of transfer for assigning rights under a life policy         20

Life Insurance Act 1995................................................................................... 20

Form 3—Statement of unclaimed money                                                              21

Life Insurance Act 1995................................................................................... 21

Form 4—Statement of money paid after the end of the calendar year 22

Life Insurance Act 1995................................................................................... 22

Form 5—Unclaimed money disk lodgment form                                             23

Life Insurance Act 1995................................................................................... 23

Schedule 5—Modifications of the Act in relation to friendly societies        24

Schedule 7—Approved bodies                                                                       29

1............................ Approved bodies.............................................................. 29

Endnotes                                                                                                                                    34

Endnote 1—About the endnotes                                                                            34

Endnote 2—Abbreviation key                                                                                35

Endnote 3—Legislation history                                                                             36

Endnote 4—Amendment history                                                                           38

 


Part 1Preliminary

  

1  Name of regulations

                   These regulations are the Life Insurance Regulations 1995.

1.03  Definitions

                   In these regulations:

Act means the Life Insurance Act 1995.

CPI means the Consumer Price Index number (being the weighted average of the 8 capital cities) published by the Australian Bureau of Statistics.

Friendly Societies Code has the meaning given by item 1 of Schedule 8 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999.

transfer date has the meaning given by section 2 of the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999.

World Trade Organization Agreement means the Marrakesh Agreement establishing the World Trade Organization, done at Marrakesh on 15 April 1994.

Note:          The Agreement is in Australian Treaty Series 1995 No. 8 ([1995] ATS 8) and could in 2015 be viewed in the Australian Treaties Library on the AustLII website (http://www.austlii.edu.au).

Part 2Explanation of key concepts

  

2.01  Contract to pay annuity—term prescribed

                   For the purposes of paragraph 9(1)(d) of the Act, the term of 10 years is prescribed as the term that the term of an annuity paid under a contract must exceed for the contract to constitute a life policy.

Part 2ASpecial provisions relating to life companies that are friendly societies

  

2A.01  Modifications of the Act in its application to friendly societies

                   The Act is modified in its application to friendly societies as set out in Schedule 5.

Note:          The Act applies to friendly societies subject to the provisions of Part 2A of the Act. See also section 16ZC of the Act.

Part 2BSpecial provisions relating to Australian branches of foreign life insurance companies

2B.01  Eligible foreign life insurance company

             (1)  For paragraph 16ZD(1)(e) of the Act, the conditions are any of the following:

                     (a)  the body corporate:

                              (i)  is authorised to carry on life insurance business in the United States of America; and

                             (ii)  is incorporated in the United States of America;

                     (b)  the body corporate:

                              (i)  is authorised to carry on life insurance business in New Zealand; and

                             (ii)  is incorporated in New Zealand;

                     (c)  the body corporate:

                              (i)  is authorised to carry on life insurance business in Japan; and

                             (ii)  is incorporated in Japan;

                     (d)  the body corporate:

                              (i)  is authorised to carry on life insurance business in Korea; and

                             (ii)  is incorporated in Korea;

                     (e)  the body corporate:

                              (i)  is authorised to carry on life insurance business in China; and

                             (ii)  is incorporated in China.

             (2)  In paragraph (1)(e), a reference to China does not include a reference to the following members of the World Trade Organization established by the World Trade Organization Agreement:

                     (a)  Hong Kong, China;

                     (b)  Macao, China;

                     (c)  Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu.

Part 4Statutory funds of life companies

  

4.00  Notice of establishment of statutory fund

             (1)  A notice under paragraph 33(1)(d) of the Act of the establishment of a statutory fund must contain particulars of:

                     (a)  the classes of life insurance business to be carried on by the company within the fund; and

                     (b)  the categories of life insurance business to be carried on by the company within each of those classes; and

                     (c)  the kinds of policies to be written by the company within those categories; and

                     (d)  proposed financing arrangements for the writing of new life insurance business to which the fund relates; and

                     (e)  projections of the life insurance business to which the fund relates for whichever is greater of the following periods:

                              (i)  the period of the financing arrangements for that business; or

                             (ii)  10 years; and

                      (f)  a statement of the accuracy of the particulars referred to in paragraph (e) by the appointed actuary of the company.

             (2)  For the purposes of subsection 33(2) of the Act, the notice must be given in writing within 14 days after establishment of the fund.

             (3)  This regulation does not apply to a life company that is a friendly society.

4.00A  Charges over the assets of statutory funds: derivative contracts (Act, s 38(3)(c))

             (1)  A life company may give a charge over, or in relation to, an asset of a statutory fund if:

                     (a)  the charge is given in relation to a derivative to which either of the following is a party:

                              (i)  the life company;

                             (ii)  another person (the agent) acting on behalf of, on the instructions of, on account of or for the benefit of the life company; and

                     (b)  the charge complies with subregulation (1A), (1B) or (1C); and

                     (c)  the life company has in place a risk management statement that sets out:

                              (i)  policies for the use of derivatives that include an analysis of the risks associated with the use of derivatives within the investment strategy of the company; and

                             (ii)  controls on the use of derivatives that take into consideration the expertise of staff; and

                            (iii)  compliance processes to ensure that the controls are effective (for example, reporting procedures, internal and external audits and staff management procedures); and

                     (d)  the investment to which the charge relates is made in accordance with the risk management statement.

          (1A)  A charge complies with this subregulation if it is given in order to comply with a requirement, in either of the following, that the performance of obligations in relation to the derivative be secured:

                     (a)  rules governing the operation of an approved body (as defined in subregulation (2));

                     (b)  a law of the Commonwealth, a State, a Territory or a foreign country (including a part of a foreign country) that applies to dealings in the derivative.

          (1B)  A charge complies with this subregulation if:

                     (a)  it is given in favour of the agent; and

                     (b)  the agent enters into an arrangement that is a derivative on behalf of, on the instructions of, on account of or for the benefit of the life company; and

                     (c)  the agent is obliged under either of the following to keep the property of the life company separate from the property of the agent:

                              (i)  rules governing the operation of an approved body (as defined in subregulation (2));

                             (ii)  a law of the Commonwealth, a State, a Territory or a foreign country (including a part of a foreign country) that applies to dealings in the derivative; and

                     (d)  the agent is under an obligation, or but for a netting‑off would be under an obligation, to transfer property to another entity in relation to the derivative; and

                     (e)  the charge is given over an asset or assets of the statutory fund, to secure the performance of an obligation or obligations in relation to the derivative.

          (1C)  A charge complies with this subregulation if:

                     (a)  the asset over which the charge is given is financial property; and

                     (b)  the obligations secured by the financial property are any of the following:

                              (i)  an obligation of the life company that relates to the derivative;

                             (ii)  an obligation of the life company to pay interest on an obligation covered by subparagraph (i);

                            (iii)  an obligation of the life company to pay costs and expenses incurred in connection with enforcing a charge given in respect of an obligation covered by subparagraph (i) or (ii); and

                     (c)  the financial property is transferred or otherwise dealt with so as to be in the possession or under the control of:

                              (i)  the secured person; or

                             (ii)  another person (who is not the life company), on behalf of the secured person, under the terms of an arrangement evidenced in writing.

          (1D)  For the purposes of paragraph (1C)(c), financial property is taken not to be in the possession or control of a person mentioned in that paragraph if, under the charge, the life company is free to deal with the financial property in the ordinary course of business until the person’s interest in the financial property becomes fixed and enforceable.

          (1E)  Without limiting paragraph (1C)(c), financial property is taken to be in the possession of a person for the purposes of that paragraph if:

                     (a)  in a case where there is an issuer of the financial property—the person is registered by, or on behalf of, the issuer as the registered owner of the financial property; or

                     (b)  in a case where the financial property is intermediated financial property—the person is the person in whose name the intermediary maintains the account.

           (1F)  Without limiting paragraph (1C)(c), financial property is taken to be under the control of a person for the purposes of that paragraph if:

                     (a)  the financial property is intermediated financial property; and

                     (b)  the intermediary is not the life company (but may be the secured person or any other person); and

                     (c)  there is an agreement in force between the intermediary and one or more other persons, one of which is the secured person or the life company; and

                     (d)  the agreement has one or more of the following effects:

                              (i)  the person in whose name the intermediary maintains the account is not able to transfer or otherwise deal with the financial property;

                             (ii)  the intermediary must not comply with instructions given by the life company in relation to the financial property without seeking the consent of the secured person (or a person who has agreed to act on the instructions of the secured person);

                            (iii)  the intermediary must comply, or must comply in one or more specified circumstances, with instructions (including instructions to debit the account) given by the secured person in relation to the intermediated financial property without seeking the consent of the life company (or any person who has agreed to act on the instructions of the life company).

          (1G)  Without limiting paragraph (1C)(c), the fact that the life company retains a right of one or more of the following kinds does not of itself stop that paragraph from being satisfied:

                     (a)  right to receive and withdraw income in relation to the financial property;

                     (b)  right to receive notices in relation to the financial property;

                     (c)  right to vote in relation to the financial property;

                     (d)  right to substitute other financial property that the parties agree is of equivalent value for the financial property;

                     (e)  right to withdraw excess financial property;

                      (f)  right to determine value of financial property.

             (2)  In this regulation:

approved body means a body mentioned in Schedule 7.

derivative means any of the following:

                     (a)  a derivative (within the meaning of Chapter 7 of the Corporations Act 2001);

                     (b)  a foreign exchange contract (within the meaning of that Chapter);

                     (c)  an arrangement that is a forward, swap or option, or any combination of those things, in relation to one or more commodities;

but does not include any arrangement that is of a kind mentioned in subregulation 6(2) of the Payment Systems and Netting Regulations 2001.

Note:          Subregulation 6(2) of the Payment Systems and Netting Regulations 2001 identifies obligations that are not eligible obligations in relation to a close‑out netting contract. The arrangements mentioned include credit facilities, reciprocal purchase agreements (otherwise known as repurchase agreements), sell‑buyback arrangements, securities loan arrangements, contracts of insurance and managed investment schemes.

financial property has the same meaning as in the Payment Systems and Netting Act 1998.

intermediary has the same meaning as in paragraph (h) of the definition of financial property in section 5 of the Payment Systems and Netting Act 1998.

intermediated financial property has the same meaning as in the Payment Systems and Netting Act 1998.

4.00B  Charges over the assets of approved benefit funds (Act s 38(3)(c))

             (1)  This regulation applies to a friendly society whose approved benefit fund rules provide that the society may apply the assets of an approved benefit fund, or mortgage or charge those assets.

             (2)  The friendly society may apply the assets of an approved benefit fund, or mortgage or charge those assets, if the application, mortgage or charge is made for the advantage of the approved benefit fund, in accordance with the approved benefit fund rules.

             (3)  Subregulation (2) does not apply to a charge over, or in relation to, an asset of an approved benefit fund that satisfies the requirements of subregulation 4.00A(1).

4.01A  Prohibited investments

                   For the purposes of paragraph 43(3)(d) of the Act, an investment of assets of a statutory fund of a life company in a subsidiary of that life company is prohibited if:

                     (a)  the assets of the company that are invested in that subsidiary exceed twice the sum of:

                              (i)  if the company is not an eligible foreign life insurance company:

                                        (A)  the assets of the statutory fund that are invested in the subsidiary; and

                                        (B)  the assets of any other statutory funds of the company that are invested in the subsidiary; or

                             (ii)  if the company is an eligible foreign life insurance company:

                                        (A)  the assets of the statutory fund that are invested in the subsidiary; and

                                        (B)  the assets of any other fund, approved by APRA, invested in the subsidiary; or

                     (b)  the assets of the statutory fund that are invested in that subsidiary are re‑invested, whether directly or indirectly, through 1 or more interposed bodies corporate, trusts or partnerships, with a company that is related to the company (other than as a subsidiary).

Part 9Transfers and amalgamations of life insurance business

  

9.01  Copy of scheme for transfer etc. to be given to APRA

                   For the purposes of paragraph 191(2)(a) of the Act, a copy of:

                     (a)  the scheme; and

                     (b)  each actuarial report on which the scheme is based;

must be given to APRA before a notice of intention to apply to the Court for confirmation of the scheme is published in accordance with regulation 9.02.

9.02  Notice of intention to apply for confirmation of scheme

             (1)  For the purposes of paragraph 191(2)(b) of the Act, an applicant to the Court for confirmation of a scheme must publish a notice of intention to make the application, in a form approved by APRA:

                     (a)  in the Gazette; and

                     (b)  in one or more newspapers, approved by APRA, circulating in each State and Territory in which there is a register of life policies that includes the relevant policy of an affected policy owner.

             (2)  A notice under subregulation (1) must:

                     (a)  state that an affected policy owner may get a copy of the scheme from the place, within the times, and for the period, set out in subregulation (4); and

                     (b)  give the address of each place at which a copy of the scheme may be obtained.

             (3)  The notice must be published before the scheme is released for public inspection under subregulation (4).

             (4)  A copy of the scheme must be open for public inspection from 9.00 a.m. until 5.00 p.m. every day (except weekends and public holidays), for a period of at least 15 days, at:

                     (a)  an office of the applicant; or

                     (b)  another location approved, in writing, by APRA;

in each State and Territory in which there is a register of life policies that includes the relevant policy of an affected policy owner:

Note 1:       A life company must have a register of life policies for each State and Territory in which it carries on life insurance business: subsection 226 (1) of the Act.

Note 2:       An affected policy owner is the owner of a policy that is referable to a statutory fund affected by a scheme: subsection 191 (1) of the Act.

9.03  Application for confirmation of scheme

             (1)  For the purposes of subsection 193(2) of the Act, an application to the Court for confirmation of a scheme may be made no earlier than whichever is the later of:

                     (a)  the day after the day on which the period referred to in subregulation 9.02(4) ends; or

                     (b)  unless the Court dispenses with the need for compliance with paragraph 191(2)(c) of the Act—15 days after the approved summary of the scheme has been given to every affected policy owner under that paragraph.

Note:          The Court may dispense with the need to comply with paragraph 191(2)(c) of the Act in relation to a particular scheme if it is satisfied that, because of the nature of the scheme or the circumstances attending its preparation, it is not necessary that the paragraph be complied with: subsection 191(5) of the Act.

9.04  Documents to be lodged with APRA

             (1)  For the purposes of subsection 197(1) of the Act, a company to which life insurance business is transferred, or with whose life insurance business any part of the business of another company is amalgamated must give APRA the following documents:

                     (a)  a statement of the nature and terms of the transfer or amalgamation;

                     (b)  a certified copy of each of the following documents:

                              (i)  the scheme providing for the transfer or amalgamation;

                             (ii)  an actuarial report, or other report, on which the scheme, and the agreement or deed, are founded;

                            (iii)  the agreement or deed under which the transfer or amalgamation is effected;

                            (iv)  the Court order confirming the scheme;

                             (v)  a statement of the assets and liabilities of each company associated with the transfer or amalgamation;

                     (c)  a statutory declaration by the principal executive officer:

                              (i)  setting out, in relation to the transfer or amalgamation:

                                        (A)  each payment made; and

                                        (B)  a reasonable estimate of each payment to be made; and

                             (ii)  stating that he or she reasonably believes that no other payment has been made, or will be made, by, or with the knowledge of, a party to the transfer or amalgamation.

             (2)  For the purposes of subsection 197(2) of the Act, and subject to subregulation (3), the documents must be lodged within 30 days after the transfer or amalgamation is completed.

             (3)  A company may apply, in writing, to APRA, before the end of the period referred in subregulation (2), for an extension of the time in which to lodge the documents.

             (4)  If APRA believes that the company cannot reasonably provide the documents within the period referred to in subregulation (2), APRA must, within 14 days of receiving an application:

                     (a)  give an extension, of no longer than 30 days, to the company, to provide the documents; and

                     (b)  so inform the company in writing.

Part 10Provisions relating to policies

  

10.01  Assignment of life policy—prescribed form

                   For the purposes of paragraph 200(2)(a) of the Act, Form 2 in Schedule 4 is prescribed as the form of memorandum of transfer for the purpose of assigning rights under a life policy (other than a policy that is issued by a friendly society).

10.02  Notice of change of trustee of life policy

                   For the purposes of subsection 203(2) of the Act, a notice that a person is the trustee of a life policy must be in the form of a statutory declaration.

10.04  Division 4 of Part 10 of the Act to apply to certain life policies with modifications (Act, s 206(3))

                   Division 4 of Part 10 of the Act (relating to surrender values, paid‑up policies and non‑forfeiture of policies) applies to a class of life policies specified in an item in Schedule 2 subject to the modifications specified in that item.

10.05  Interest on overdue premiums—prescribed terms

                   For the purposes of subsection 210(3) of the Act, the least favourable terms on which interest may be charged on overdue premiums is the interest rate worked out by the following formula:

                  

where:

XYB is the mean, rounded to the lower 0.25%, of the 10 year Treasury Bond yields (as shown in figures supplied by the Reserve Bank of Australia) at the end of each of the 6 successive half financial years ended before the date of calculation.

10.05A  Unclaimed money—statements

             (1)  For the purposes of this regulation:

                     (a)  a statement that contains 50 or more items must be recorded on computer disk; and

                     (b)  a statement that contains less than 50 items must be recorded either in writing or on computer disk.

             (2)  A statement under subsection 216(1) of the Act of unclaimed money as at the end of a calendar year:

                     (a)  if it is in writing—must be in accordance with Form 3 in Schedule 4; or

                     (b)  if it is recorded on computer disk—must contain particulars of the number and total value of unclaimed policies and particulars, for each policy for which money is unclaimed, of:

                              (i)  the policy number; and

                             (ii)  the full name of the life or lives insured; and

                            (iii)  the last known address of the life or lives insured; and

                            (iv)  the full name of the policy owner; and

                             (v)  the last known address of the policy owner; and

                            (vi)  the amount due to the policy owner; and

                           (vii)  the date the amount became due; and

                          (viii)  the State or Territory for which the policy is registered.

             (3)  A statement under subsection 216(4) of the Act of money paid between the end of the calendar year and the date on which the statement is given to ASIC:

                     (a)  if it is in writing—must be in accordance with Form 4 in Schedule 4; or

                     (b)  if it is recorded on computer disk—must contain particulars of the number and total value of policies claimed and particulars, for each policy for which money has been paid, of:

                              (i)  the policy number; and

                             (ii)  the full name of the claimant; and

                            (iii)  the date of the claim; and

                            (iv)  the date the claim was paid; and

                             (v)  the amount paid.

             (4)  A statement recorded on computer disk must be accompanied by a lodgment form in accordance with Form 5 in Schedule 4.

             (5)  A life company must notify ASIC in writing if there is no unclaimed money.

10.05AA  Unclaimed money—interest payable

             (1)  This regulation sets out how to work out the interest for paragraph 216(7A)(a) of the Act.

             (2)  If the unclaimed money is paid to the Commonwealth in more than one payment, the interest is to be worked out separately for each payment.

             (3)  The interest is to be worked out for the period (the interest period) that:

                     (a)  starts on the later of:

                              (i)  1 July 2013; and

                             (ii)  the day when the unclaimed money was paid to the Commonwealth; and

                     (b)  ends on the 14th day after the Treasurer last authorised the unclaimed money to be paid under subsection 216(7) of the Act.

             (4)  The interest is to be worked out by adding together the interest for each financial year during the interest period.

             (5)  The interest for each financial year is worked out using the following formula, and rounding the result to the nearest cent:

                  

                   where:

amount means the amount of unclaimed money plus the interest (if any) worked out for each earlier financial year for which interest is payable.

days interest payable means the number of days in the financial year for which interest is payable.

days in the financial year means the number of days in the financial year.

interest rate, for a financial year, means:

                     (a)  the percentage change in the All Groups CPI between the 2 March quarters most recently published before the first day of the financial year (rounded up to 4 decimal places); or

                     (b)  if that percentage change is less than 0%—0%.

10.05B  Public notice of unclaimed moneys

                   ASIC may publish, in any form, information contained in a statement given to ASIC for the purposes of section 216 of the Act, by including any or all of the particulars given in the statement in relation to the unclaimed moneys.

10.06  Calculation of net claim value of policy

             (1)  For the purposes of subsection 223(2) of the Act, the net claim value of a policy:

                     (a)  that has matured; or

                     (b)  under which the life insured has died;

is the amount payable in respect of the claim on the happening of the contingency, less the amount of any debt owed to the relevant life company under, or secured by, the policy, at that time.

             (2)  For the purposes of that subsection, the net claim value of a policy, other than a policy described in subregulation (1), at a particular time, is the amount payable in respect of the claim as if the policy had voluntarily been terminated at that time, less the amount of any debt owed to the relevant life company under, or secured by, the policy, at that time.

Part 11Miscellaneous

  

11.01  Fee for inspection or copying of documents

             (1)  For the purposes of subsection 243(2) of the Act, a fee of $10 is prescribed as the fee to inspect a financial statement or an annual statistical return given to APRA under subsection 118(2) of the Act.

             (2)  Subject to subregulation (3), for the purposes of that subsection, a fee of $1 a page is prescribed as the fee for copying the whole, or part of, a document referred to in subregulation (1).

             (3)  In relation to a particular request to copy documents of a company in respect of a financial year, if the fee payable under subregulation (2) would exceed $60, the maximum fee payable for that copying is $60.

Part 13Dictionary

  

13.02  Definition of superannuation policy—dictionary

                   For the purposes of paragraph (b) of the definition of superannuation policy in the Schedule to the Act, a life policy included in any of the following kinds of policies is declared to be a superannuation policy for the purposes of the Act:

                     (a)  a policy of any of the following kinds that is maintained for the purposes of superannuation or retirement:

                              (i)  an immediate annuity policy;

                             (ii)  a deferred annuity policy;

                            (iii)  an allocated annuity policy;

                     (b)  a policy that is owned by the trustee of a scheme, being a scheme that is:

                              (i)  an approved deposit fund; or

                             (ii)  a pooled superannuation trust;

                     (c)  an RSA (within the meaning of the Retirement Savings Accounts Act 1997).

Part 14Transitional arrangements

Division 14.1Transitional arrangements arising out of the Financial System Legislation Amendment (Resilience and Collateral Protection) Regulation 2016

14.01  Arrangements

                   The amendments of these Regulations made by items 1 to 5 of Schedule 1 to the Financial System Legislation Amendment (Resilience and Collateral Protection) Regulation 2016 apply to charges given on and after the commencement of this regulation.


Schedule 2Modification of Division 4 of Part 10 of the Act (Surrender values, paid‑up policies and non‑forfeiture of policies)

(regulation 10.04)

  

 

Item

Class of life policy

Description of policy within the class

Modification of application of Division 4 of Part 10 of the Act

1

Increased ordinary

An ordinary policy under which the contract of insurance (the original contract) is varied at the request of the policy owner, by increasing:

(a) both the amount of the sum insured and the amount of each premium; or

(b) if additional amounts of premium are paid—the amount of the sum insured.

Section 210 of the Act is taken to apply to an increase of the original contract as if the increase were a policy:

(a) that was effected on the date of the increase; and

(b) under which the sum insured is the amount of the increase; and

(c) under which the period for which premiums have been paid started on the date of the increase.

2

Industrial

A policy that, immediately before the commencement of the Act, was an industrial policy within the meaning of subsection 4 (1) of the Life Insurance Act 1945 and that is treated as ordinary business under the Act.

Despite section 210 of the Act, section 101 of the Life Insurance Act 1945, as in force immediately before the commencement of the Act, continues to apply to policies to which that section applied at that time.


Schedule 4Forms

Form 2Memorandum of transfer for assigning rights under a life policy

(regulation 10.01)

Life Insurance Act 1995

 

Date of transfer

Signature of transferor

Signature of transferor’s witness

Full name of transferee

Address of transferee

Occupation
of transferee

Signature
of transferee

Signature
of witness of transferee

Date of transfer of registration by the life company

Signature of principal executive (or authorised person) of the life company

 


Form 3Statement of unclaimed money

(paragraph 10.05A(2)(a))

Life Insurance Act 1995

Year ended:

Company:

Contact officer:

Telephone:

 

Policy number

Life insured: surname, given names, address

Policy owner: surname, given names, address

Amount due

Date amount became due

State where policy registered

 

 

Signed:                                                 Dated:

(Principal Executive Officer of the life company or a person authorised by the Principal Executive Officer)

Form 4Statement of money paid after the end of the calendar year

(paragraph 10.05A(3)(a))

Life Insurance Act 1995

Year ended:

Company:

Contact officer:

Telephone:

 

Policy number

Claimant: surname, given names

Date claimed

Date paid

Amount paid

 

 

Signed:                                                              Dated:

(Principal Executive Officer of the life company or a person authorised by the Principal Executive Officer)


Form 5Unclaimed money disk lodgment form

(subregulation 10.05A(4))

Life Insurance Act 1995

Unclaimed money for year ended:

Company:

Return address:

Contact officer:

Telephone:

Number of disks:

Creation date:

Original or replacement:

 

 

Number

Value

Unclaimed policies at the end of the year:

Policies claimed since the end of the year:

Certification:    The information contained on the accompanying disks is that required by section 216 of the Life Insurance Act 1995 as the statement of unclaimed money, and money paid after the end of the calendar year.

Signed:                                                            Dated:

(Principal Executive Officer of the life company or a person authorised by the Principal Executive Officer)

Schedule 5Modifications of the Act in relation to friendly societies

(regulation 2A.01)

  

1          Section 15

omit

2          Paragraph 30(f)

substitute

                      (f)  surpluses in an approved benefit fund may only be distributed in accordance with section 56.

3          Subsection 35(1)

omit

4          Subsection 35(2)

omit

A policy document

insert

Approved benefit fund rules

5          Subsections 35(3), (4) and (5)

omit

6          Paragraph 36(b)

omit

7          Paragraph 38(2)(c)

omit

Division 6

insert

Division 5

8          Subsection 38(7)

omit

or 6.

insert

or 5.

9          Subsection 45(1)

omit

or 6.

insert

or 5.

10       Part 4, Divisions 5 and 6

substitute

Division 5   Distribution of surplus in approved benefit fund

56             Distribution of surplus

             (1)  If the appointed actuary of a friendly society advises the society, in writing, that there is a surplus in an approved benefit fund of the society, the society may, if the rules of the approved benefit fund so provide, do 1 or more of the following:

                     (a)  pay, apply or allocate all or part of the surplus to the members of the approved benefit fund;

                     (b)  transfer all or part of the surplus to another approved benefit fund of the society;

                     (c)  transfer all or part of the surplus to the management fund of the society.

             (2)  If the surplus includes an asset other than money, the value of the asset is the fair value of the asset determined in accordance with subsection 45(3).

             (3)  A distribution under subsection (1) must comply with any applicable prudential standard.

14       Sections 75 and 76

substitute

75        Financial records—friendly societies

                   A friendly society must keep such records of the income and outgoings of the management fund and each approved benefit fund of the society as will record properly the affairs and transactions of the society in respect of each fund.

15       Section 81

omit

If a life company

insert

             (1)  If a friendly society

16       Section 81

insert

             (2)  However, unless Prudential Rules, prudential standards or reporting standards otherwise require, subsection (1) does not apply to the treatment of an asset of the management fund of the friendly society.

17       Paragraph 82(5)(c)

substitute

                     (c)  be given to APRA:

                              (i)  for financial statements prepared for subsection (1)—within the period required by subsection 118(3); and

                             (ii)  in any other case—within 3 months after the time as at which they are prepared.

22       Subsection 134(4)

substitute

             (4)  A direction to a friendly society ceases to have effect if:

                     (a)  an order is made for the winding‑up of the society; or

                     (b)  a special resolution is passed for the voluntary winding‑up of the society under subsection 180(2), and APRA:

                              (i)  is notified of the special resolution; and

                             (ii)  gives written permission to the society for the direction to cease to have effect.

23       Subsection 150(9)

substitute

             (9)  A direction to a friendly society ceases to have effect if:

                     (a)  an order is made for the winding‑up of the society; or

                     (b)  a special resolution is passed for the voluntary winding‑up of the society under subsection 180(2), and APRA:

                              (i)  is notified of the special resolution; and

                             (ii)  gives written permission to the society for the direction to cease to have effect.

24       Subsection 198(1)

omit

or policy document

25       Paragraph 201(1)(b)

omit

or endorsed on the policy

26       Subsection 213(2)

omit everything after paragraph (b), insert

                   the company may register the applicant as the owner of the policy, provided that the approved benefit fund rules allow for registration in the circumstances mentioned in paragraph 213 (1)(a) and that the requirements of the rules are followed.

27       Subsection 213(3)

omit

The company may endorse the policy

insert

However, the company may register the applicant

28       Part 10, Division 7

omit

29       Subsection 226(1)

substitute

             (1)  A friendly society must keep a register of members for each approved benefit fund of the society.

          (1A)  The register must include:

                     (a)  the name and address of each member of the approved benefit fund; and

                     (b)  the date of each member’s admission to membership; and

                     (c)  for each membership terminated—the date and circumstances of the termination.

          (1B)  The register must be kept in parts so that the information for a member living in a particular State or Territory is kept in a part of the register for that State or Territory.

          (1C)  A society that, immediately before the transfer date, did not keep its register in parts as described in subsection (1B) must comply with that subsection:

                     (a)  within 18 months starting on the transfer date; or

                     (b)  a longer period that APRA, in writing, allows.

30       Section 227

omit

31       Subsection 229(2)

omit

32       Section 242

omit

34       Schedule—Dictionary, after definition of life policy

insert

management fund, for a friendly society, means the fund of the society that consists of the assets and liabilities of the society that do not form part of an approved benefit fund of the society.

35       Schedule—Dictionary, after definition of spouse

insert

SSA has the meaning given by item 1 of Schedule 8 to the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999.

36       Schedule—Dictionary, after definition of trade union

insert

transfer date has the meaning given by the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999.

Schedule 7Approved bodies

Note:       See the definition of approved body in subregulation 4.00A(2).

  

  

1  Approved bodies

                   Each body in the following table is an approved body for the purposes of regulation 4.00A.

 

Approved bodies

Item

Body

1A

AB NASDAQ Vilnius (XLIT)

1

ASX24 (formerly known as Sydney Futures Exchange)

2

ASX Clear (Futures) Pty Limited

3

ASX Clear Pty Limited

4

ASX operated by ASX Limited

5

Athens Exchange (ATHEX)

6

Athens Exchange Clearing House (ATHEX Clear)

7

BATS BZX Options Exchange

8

BME Clearing

9

BM&FBOVESPA

10

Bombay Stock Exchange

11

Borsa Istanbul

11A

Borsa Istanbul Futures & Options Market

12

Boston Options Exchange

13

Bourse de Montréal

14

Budapesti Értéktözsde

15

Bursa Malaysia Derivatives (BMD)

16

Cantor Clearinghouse, L.P.

17

Cassa di Compensazione e Garanzia S.p.A (CCG)

18

CBOE Futures Exchange

19

CCP Austria Abwicklungsstelle für Börsengeschäfte GmbH (CCP .A)

20

CDSClear operated by LCH.Clearnet SA

21

CEGH Gas Exchange of Vienna Stock Exchange

22

Central Depository (Pte) Limited

23

Chicago Board of Trade (CBOT)

24

Chicago Board Options Exchange (CBOE)

25

Chicago Climate Futures Exchange

26

China Financial Futures Exchange (CFFEX)

27

CME Clearing

28

CME Clearing Europe (CMECE)

28A

CommodityClear operated by LCH.Clearnet Limited

29

Commodity Exchange (COMEX) operated by New York Mercantile Exchange, Inc.

30

Dalian Commodity Exchange

31

Dubai Gold & Commodities Exchange (DGCX)

32

Dubai Mercantile Exchange (DME)

33

Electronic Liquidity Exchange operated by ELX Futures LP

35

EPEX SPOT SE

36

Eurex Clearing AG

37

Eurex Deutschland

37A

EuroGCplus operated by LCH.Clearnet SA

38

Euronext Amsterdam Derivatives Regulated Market operated by Euronext Amsterdam NV

39

Euronext Amsterdam Securities Regulated Market operated by Euronext Amsterdam NV

40

Euronext Brussels Derivatives Regulated Market operated by Euronext Brussels SA/NV

41

Euronext Brussels Securities Regulated Market operated by Euronext Brussels SA/NV

42

Euronext Lisbon Derivatives Regulated Market operated by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A.

43

Euronext Lisbon Securities Regulated Market operated by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A.

44

Euronext London Securities Regulated Market operated by Euronext London Limited

45

Euronext Paris Derivatives Regulated Market by Euronext Paris S.A.

46

Euronext Paris Securities Regulated Market by Euronext Paris S.A.

47

Euronext Paris MATIF (Marché à Terme International de France) (XMAT)

48

Euronext Paris MONEP (Marché des Options Négociables de Paris) (XMON)

49

European Central Counterparty N.V. (EuroCCP)

50

European Climate Exchange (ECX)

51

European Commodity Clearing AG

52

European Energy Exchange (EEX)

53

ForexClear operated by LCH.Clearnet Limited

54

HKFE Clearing Corporation Limited (HKCC)

55

Hong Kong Exchange and Clearing Ltd (HKEX)

56

Hong Kong Futures Exchange Limited (HKFE)

57

Hong Kong Securities Clearing Company Limited (HKSCC)

58

Hungarian Power Exchange operated by HUPX Ltd

59

ICAP Securities and Derivatives Exchange (ISDX)

60

ICE Clear Credit LLC

61

ICE Clear Europe Limited

62

ICE Clear Netherlands B.V.

63

ICE Clear Singapore

64

ICE Clear US, Inc

65

ICE Endex Derivatives B.V.

66

ICE Futures Canada, Inc

67

ICE Futures Europe

68

ICE Futures U.S., Inc

69

International Securities Exchange

70

Italian Derivatives Market (IDEM)

71

Italian Stock Exchange operated by Borsa Italiana S.p.A

72

Jakarta Futures Exchange (JFX)

73

Japan Securities Clearing Corporation (JSCC)

74

Johannesburg Stock Exchange (JSE)

74A

JSE Commodity Derivatives Market

75

KDPW_CCP S.A.

76

Keler CCP

77

KOSPI Market operated by the Korea Exchange

78

LME Clear Limited

79

Mercado Español de Futuros Financieros

80

Mexican Derivatives Exchange (MexDer)

81

Minneapolis Grain Exchange, Inc.

82

Montréal Climate Exchange (MCex)

83

NASDAQ BX, Inc.

84

NASDAQ Commodities operated by NASDAQ Oslo ASA

85

NASDAQ Copenhagen A/S

86

NASDAQ Derivatives Markets operated by NASDAQ Stockholm AB

87

NASDAQ Futures (NFX) operated by NASDAQ Futures, Inc.

88

NASDAQ Helsinki Ltd

89

NASDAQ Iceland hf.

90

NASDAQ NLX Ltd

91

NASDAQ OMX Armenia

92

NASDAQ PHLX LLC

93

NASDAQ PSX operated by NASDAQ PHLX LLC

94

NASDAQ Riga, AS (XRIS)

95

NASDAQ Stockholm AB (XSTO)

96

NASDAQ Tallinn AS (XTAL)

97

National Stock Exchange of India Ltd

98

New York Stock Exchange (NYSE) operated by the New York Stock Exchange LLC

99

Nodal Clear, LLC

100

Nodal Exchange, LLC

101

NYMEX Emissions operated by New York Mercantile Exchange, Inc.

102

NYMEX operated by New York Mercantile Exchange, Inc.

103

NYSE MKT operated by NYSE MKT LLC

104

NYSE Amex Option operated by NYSE MKT LLC

105

NYSE Arca Equities operated by NYSE Arca Equities, Inc.

106

NYSE Arca Options operated by NYSE Arca Equities, Inc.

106A

NZX Main Board operated by NZX Limited

107

OMIClear, C.C., S.A.

108

OneChicago LLC

109

Osaka Exchange, Inc. (OSE)

110

Oslo Bors operated by Oslo Børs ASA

111

OTC Clearing Hong Kong Limited (OTC Clear)

112

Power Exchange Central Europe, a.s. (PXE)

113

Powernext SA

114

RepoClear operated by LCH.Clearnet Limited

115

RepoClear operated by LCH.Clearnet SA

116

Shanghai Futures Exchange (SHFE)

117

Singapore Exchange Derivatives Clearing Limited (SGX‑DC)

117A

Singapore Exchange Derivatives Trading Limited (SGX‑DT)

118

Singapore Exchange Securities Trading Limited (SGX‑ST)

119

SIX x‑clear Ltd

120

SwapClear operated by LCH.Clearnet Limited

121

Taiwan Futures Exchange (TAIFEX)

122

Tel Aviv Stock Exchange Ltd

123

Thailand Futures Exchange (TFEX) operated by the Thailand Futures Exchange Public Company Limited

124

The Chicago Mercantile Exchange (CME)

126

The Derivatives market operated by Moscow Exchange MICEX‑RTS

127

The Equity and Bond market operated by Moscow Exchange MICEX‑RTS

128

The Equity Derivatives Market operated by the Johannesburg Stock Exchange Limited (formerly SAFEX)

129

The London Metal Exchange

130

The London Stock Exchange Derivatives Market

132

The Main Market operated by the London Stock Exchange

133

The Official Market and Second Regulated Market operated by Wiener Börse AG

134

The Options Clearing Corporation (OCC)

135

The SEHK Options Clearing House Limited (SEOCH)

136

The Stock Exchange of Hong Kong Limited

138

Tokyo Commodity Exchange, Inc

139

Tokyo Financial Exchange, Inc (TFX)

140

Tokyo Stock Exchange, Inc. (TSE)

141

Toronto Stock Exchange operated by TSX Inc.

143

Warsaw Stock Exchange (GPW)

144

A body that performs clearing house functions, in relation to an approved body that does not itself perform those functions, in accordance with the rules of the approved body or a law of the country where the approved body is situated

 


Endnotes

Endnote 1—About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1—About the endnotes

Endnote 2—Abbreviation key

Endnote 3—Legislation history

Endnote 4—Amendment history

Abbreviation key—Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history—Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe the amendment to be made. If, despite the misdescription, the amendment can be given effect as intended, the amendment is incorporated into the compiled law and the abbreviation “(md)” added to the details of the amendment included in the amendment history.

If a misdescribed amendment cannot be given effect as intended, the abbreviation “(md not incorp)” is added to the details of the amendment included in the amendment history.

 

 

 

 

Endnote 2—Abbreviation key

 

ad = added or inserted

o = order(s)

am = amended

Ord = Ordinance

amdt = amendment

orig = original

c = clause(s)

par = paragraph(s)/subparagraph(s)

C[x] = Compilation No. x

    /sub‑subparagraph(s)

Ch = Chapter(s)

pres = present

def = definition(s)

prev = previous

Dict = Dictionary

(prev…) = previously

disallowed = disallowed by Parliament

Pt = Part(s)

Div = Division(s)

r = regulation(s)/rule(s)

ed = editorial change

reloc = relocated

exp = expires/expired or ceases/ceased to have

renum = renumbered

    effect

rep = repealed

F = Federal Register of Legislation

rs = repealed and substituted

gaz = gazette

s = section(s)/subsection(s)

LA = Legislation Act 2003

Sch = Schedule(s)

LIA = Legislative Instruments Act 2003

Sdiv = Subdivision(s)

(md) = misdescribed amendment can be given

SLI = Select Legislative Instrument

    effect

SR = Statutory Rules

(md not incorp) = misdescribed amendment

Sub‑Ch = Sub‑Chapter(s)

    cannot be given effect

SubPt = Subpart(s)

mod = modified/modification

underlining = whole or part not

No. = Number(s)

    commenced or to be commenced

 

 

Endnote 3—Legislation history

 

Number and year

FRLI registration or gazettal

Commencement

Application, saving and transitional provisions

141, 1995

15 June 1995

1 July 1995

 

317, 1995

26 Oct 1995

26 Oct 1995

431, 1995

22 Dec 1995

1 Jan 1996

89, 1996

5 June 1996

5 June 1996

305, 1996

18 Dec 1996

18 Dec 1996

100, 1997

7 May 1997

7 May 1997

119, 1997

29 May 1997

2 June 1997 (r 1 and Gazette 1997, No S202)

239, 1997

10 Sept 1997

10 Sept 1997

191, 1998

30 June 1998

r 9 and 20: 30 June 1998
Remainder: 1 July 1998

146, 1999

30 June 1999

1 July 1999 (r 2 and Gazette 1999, No S293)

19, 2002

21 Feb 2002

11 Mar 2002 (r 2 and Gazette 2001, No GN42)

148, 2002

27 June 2002

30 June 2002

317, 2004

11 Nov 2004

1 Jan 2005 (r 2)

342, 2007

8 Oct 2007 (
F2007L03937)

r 1–3 and Sch 1: 24 Sept 2007 (r 2(a))
Schedule 2: 1 Jan 2008

24, 2010

26 Feb 2010 (F2010L00391)

r 1–3 and Sch 1: 27 Feb 2010 (r. 2(a))
Sch 2: 26 Aug 2010

48, 2011

8 Apr 2011 (F2011L00588)

9 Apr 2011

193, 2011

21 Oct 2011 (F2011L02103)

31 Oct 2011

311, 2012

11 Dec 2012 (F2012L02401)

1 Mar 2013 (s 2(1)) and F2013L00297)

117, 2013

17 June 2013 (F2013L01010)

Sch 1 (items 7, 8): 18 June 2013

171, 2014

3 Nov 2014 (F2014L01468)

Sch 1 (items 6–8, 18): 12 Dec 2014 (s 2 items 2, 4)
Sch 1 (item 13): 15 Jan 2015 (s 2 item 3 and C2015G00020)

218, 2015

27 Nov 2015 (F2015L01859)

Sch 2: 20 Dec 2015 (s 2(1) item 3)

226, 2015

16 Dec 2015 (F2015L02022)

Sch 1 (items 3–9): 17 Dec 2015 (s 2(1) item 1)

 

Name

Registration

Commencement

Application, saving and transitional provisions

Financial System Legislation Amendment (Resilience and Collateral Protection) Regulation 2016

9 May 2016 (F2016L00724)

Sch 1 (items 1–6) and Sch 3 (item 1): 1 June 2016 (s 2(1) item 1)

Financial Services Legislation Amendment (Wholesale Margining) Regulation 2016

28 Oct 2016 (F2016L01657)

Sch 2: 29 Oct 2016 (s 2(1) item 1)

 

Endnote 4—Amendment history

 

Provision affected

How affected

Part 1

 

r 1.01........................................

rs No 146, 1999

r 1.02........................................

rep LA s 48D

r 1.03........................................

rs No 146, 1999

 

am No 117, 2013; No 218, 2015

Part 2A

 

Part 2A......................................

ad No146, 1999

r 2A.01.....................................

ad No 146, 1999

 

rs No 226, 2015

r 2A.02.....................................

ad No 146, 1999

 

rep No 342, 2007

r 2A.03.....................................

ad No 146, 1999

 

rep No 342, 2007

Part 2B

 

Part 2B......................................

ad No 317, 2004

r 2B.01......................................

ad No 317, 2004

 

rs No 311, 2012

 

am No 171, 2014; No 218, 2015

Part 3........................................

rep No 342, 2007

r 3.01........................................

rep No 342, 2007

r 3.02........................................

am No 191, 1998

 

rep No 342, 2007

Part 4

 

r 4.00........................................

ad No 317, 1995

 

am No 146, 1999

r 4.00A.....................................

ad No 191, 1998

 

am No 19, 2002; F2016L00724

r. 4.00B.....................................

ad No 146, 1999

r 4.01........................................

am No 342, 2007

 

rep No 48, 2011

r 4.01A.....................................

ad No 431, 1995

 

am No 317, 2004

r 4.01B......................................

ad No 305, 1996

 

am No 100, 1997; No 191, 1998

 

rep No 342, 2007

r 4.02........................................

ad No 317, 1995

 

rep No 146, 1999

Part 6........................................

rep No 342, 2007

Part 9

 

r 9.01........................................

am No 191, 1998; No 146, 1999; No 226, 2015

r 9.02........................................

am No 191, 1998; No 146, 1999; No 226, 2015

r 9.04........................................

am No 191, 1998

Part 10

 

r 10.01......................................

am No 146, 1999

r 10.03......................................

rep No 191, 1998

 

ad No 146, 1999

 

rep No 148, 2002

r 10.05A...................................

ad No 317, 1995

 

am No 191, 1998

r 10.05AA.................................

ad No 117, 2013

r 10.05B....................................

ad No 305, 1996

 

am No 191, 1998

Part 11

 

r 11.00......................................

ad No 317, 1995

 

am No 191, 1998; No 317, 2004

 

rep No 24, 2010

r 11.01......................................

am No 191, 1998

r 11.02–11.04...........................

rs No 239, 1997

 

rep No 191, 1998

Part 12......................................

rep No 342, 2007

r 12.01......................................

rep No 342, 2007

Part 13

 

r 13.01......................................

am No 191, 1998

 

rep No 146, 1999

r 13.02......................................

am No 119, 1997; No 191, 1998

Part 14

 

Part 14......................................

ad F2016L00724

Division 14.1

 

Division 14.1............................

ad F2016L00724

r 14.01......................................

ad F2016L00724

Schedule 1................................

am No 191, 1998; No 146, 1999; No 317, 2004

 

rep No 342, 2007

Schedule 2

 

Schedule 2................................

am No 89, 1996; No 191, 1998: No 342, 2007

 

rs No 24, 2010

Schedule 3................................

am No 191, 1998; No 146, 1999

 

rep No 342, 2007

Schedule 4

 

Form 1......................................

rep No 342, 2007

Form 3......................................

ad No 317, 1995

Form 4......................................

ad No 317, 1995

Form 5......................................

ad No 317, 1995

Schedule 5

 

Schedule 5................................

ad No 146, 1999

 

am No 342, 2007; No 24, 2010; No 226, 2015

Schedule 6................................

ad No 146, 1999

 

am No 342, 2007

 

rep No 226, 2015

Schedule 7

 

Schedule 7................................

ad No 19, 2002

 

am No 193, 2011

 

rs F2016L00724

 

am F2016L01657