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COMMONWEALTHAct
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s 62ZT

APRA may request information from liquidator

In force
Part VBJudicial management, statutory management, other external administration and winding up
Division 2Extra provisions relating to external administration of general insurers

62ZT APRA may request information from liquidator

(1)

APRA may request a liquidator of an entity covered by subsection 62ZR(4) in writing to give APRA, within a reasonable time specified in the request, specified information in writing about:

(a)

the winding‑up of the entity (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) and the other affairs of the general insurer; or

(b)

the proposed winding‑up of the entity (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) and the other affairs of the general insurer.

(2)

The liquidator must comply with the request.

Note:

Action may be taken under the Corporations Act 2001 against a liquidator who does not comply with such a request.

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Section 62ZT — APRA may request information from liquidator — Insurance Act 1973 (Commonwealth) — Barrister AI