Commonwealth Numbered Acts

PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 (NO. 85, 2015) - SECT 12

             (1)  A body that is:

                     (a)  a company within the meaning of the Corporations Act 2001 ; and

                     (b)  a constitutional corporation;

may apply to APRA for registration as a private health insurer.

             (2)  The application:

                     (a)  must be in the approved form; and

                     (b)  must be accompanied by a copy of the applicant's proposed rules; and

                     (c)  if the applicant is seeking to be registered as a for profit insurer--must state that fact; and

                     (d)  if the applicant is seeking to be registered as a restricted access insurer--must state that fact.