Federal Register of Legislation - Australian Government

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Determinations/Prudential as made
This instrument determines Prudential Standard CPS 520 Fit and Proper to extend the application of CPS 520 to private health insurers. The new cross-industry prudential framework is expected to strengthen existing practices for private health insurers by ensuring that responsible persons have the technical competence and integrity to perform their roles for the benefit and protection of the institution and policy holders.
Administered by: Treasury
Registered 02 Oct 2018
Tabling HistoryDate
Tabled HR15-Oct-2018
Tabled Senate15-Oct-2018
Enabled by
Authoritative version Banking Act 1959
C1959A00006No. 6, 1959
Authoritative version Insurance Act 1973
C1973A00076No. 76, 1973
Authoritative version Life Insurance Act 1995
C2004A04860No. 4, 1995
Authoritative version Private Health Insurance (Prudential Supervision) Act 2015
C2015A00085No. 85, 2015