Insurance Act 1973

APRA may apply to the Federal Court for directions regarding any matter arising under:

the winding‑up of an entity covered by subsection 62ZR(4) (whether the winding‑up occurs as a result of an application made under the Corporations Act 2001 or by APRA under Division 3 of this Part); or

the proposed winding‑up of an entity covered by subsection 62ZR(4) (whether the winding‑up will occur as a result of an application made, or proposed to be made, under the Corporations Act 2001 or by APRA under Division 3 of this Part).

APRA must give the liquidator written notice that APRA proposes to make the application.

The notice must include details of the proposed application.

The liquidator is entitled to be heard on the application.