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COMMONWEALTHAct
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s 17H

Costs of actuary’s report

In force
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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