s 22A
In forceContinuation of effect of body corporate’s NOHC authorisation
Part IIIAuthorisation to carry on insurance business
Division 4Authorisation to be a NOHC of a general insurer
22A Continuation of effect of body corporate’s NOHC authorisation
If APRA gives a notice of revocation of a body corporate’s NOHC authorisation under subsection 21(5) or 22(2), the notice may state that the authorisation continues in effect in relation to a specified matter or specified period, as though the revocation had not happened, for the purposes of:
(a)
a specified provision of this Act or the regulations; or
(b)
a specified provision of another law of the Commonwealth that is administered by APRA; or
(c)
a specified provision of the prudential standards;
and the statement has effect accordingly.
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