Australia Insurance Act 1973 (Cth)
What is Australia Insurance Act 1973 (Cth)?
The entity duties of a general insurer authorised under Australia's Insurance Act 1973 (Cth): authorisation and its conditions, fit and proper directors, senior managers, auditors and actuaries, auditor and actuary appointment and non-interference, compliance with APRA's prudential standards and directions, actuarial investigation of liabilities, accounting records, and notification and lodgement duties to APRA. It comprises 14 controls organised across 5 domains, and applies in Australia: Commonwealth.
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