Financial Accountability Regime (Consequential Amendments) Act 2023 (68 of 2023)

Schedule 1   Consequential amendments

Part 1   Amendments for the start of the financial accountability regime

Private Health Insurance (Prudential Supervision) Act 2015

74   After subsection 21(1)

Insert:

(1A) APRA may, in writing, cancel the registration of a private health insurer if APRA is satisfied that the private health insurer has failed to comply with a requirement of the Financial Accountability Regime Act 2023.