Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LIFE INSURANCE ACT 1995 - SECT 16J

Modification of section 43

    Section   43 has effect in relation to a friendly society as if the following paragraph were inserted after paragraph   (3)(b):

  (ba)   nothing in this Act authorises a friendly society to make an investment of assets of an approved benefit fund unless:

  (i)   the investment is of a kind provided for by the approved benefit fund rules; and

  (ii)   the investment complies with the requirements (if any) in the prudential standards;


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback