Commonwealth Numbered Acts Commonwealth Numbered ActsDirections to managers (other than terminating managers appointed under Division 7)
(1) APRA may, by written notice to a manager (other than a terminating manager appointed under Division 7) give the manager directions concerning:
(a) the exercise of the powers that are vested in the manager; or
(b) the provision to APRA, from time to time, of interim reports relating to the business of the health benefits fund under external management or terminating management.
(2) Directions under subsection (1) will ordinarily be of a general nature but may, where appropriate, take into account specific circumstances relevant to the particular health benefits fund under external management or terminating management.
Directions to terminating managers appointed under Division 7
(3) The Federal Court may, by order, give to a terminating manager appointed under Division 7 directions concerning:
(a) the exercise of the powers that are vested in the manager; or
(b) the provision to APRA, from time to time, of interim reports relating to the business of the health benefits fund under external management or terminating management.
(4) Orders under subsection (3) may be made on application by:
(a) APRA; or
(b) a terminating manager appointed under Division 7.
Obligation to comply with directions
(5) A manager must comply with any directions given to him or her under subsection (1) or (3).