Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007 (154 of 2007)

Schedule 1   Streamlining prudential regulation

Part 1   Amendments commencing on Royal Assent

Insurance Act 1973

54   After subsection 7(2)

Insert:

(2A) If APRA makes a determination that applies to a particular person, APRA must also give the person written notice of the determination.