17H
In forceCosts of actuary’s report
Part IIIAuthorisation to carry on insurance business
Division 3ATransfer and amalgamation of insurance business
17H Costs of actuary’s report
(1)
When a scheme is confirmed, the body corporate that applied for the confirmation becomes liable to pay to the Commonwealth an amount equal to the expenses reasonably incurred by APRA in obtaining a report under section 17D in relation to the scheme.
(2)
An amount due under subsection (1) may be recovered by the Commonwealth as a debt in any court of competent jurisdiction.
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