Financial Accountability Regime (Consequential Amendments) Act 2023 (68 of 2023)
Schedule 2 Application, saving and transitional provisions
Part 3 Other sectors
Division 4 Life insurance
25 Application for registration as a life company
The amendment of section 21 of the Life Insurance Act 1995 made by Part 1 of Schedule 1 applies in relation to an application under section 20 of the Life Insurance Act 1995 for registration as a life company if:
(a) the application was made before the commencement of this Part and, as at that commencement, APRA has not decided the application; or
(b) the application is made after that commencement.
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