Commonwealth Consolidated Acts

INSURANCE ACT 1973 - SECT 117

  (1)   A body corporate that is not incorporated in Australia and:

  (a)   is a foreign general insurer; or

  (b)   is a subsidiary of a foreign general insurer;

must, at all times, have an address for service in Australia for the purposes of this Act.

  (2)   An address becomes the address for service for the insurer or subsidiary when written notice of the address is given to APRA. (The address continues to be the address for service until APRA is given written notice of another address.)

  (3)   If:

  (a)   written notice has been given to APRA of an address for service in Australia for a foreign general insurer; and

  (b)   a body corporate that is a subsidiary of the foreign general insurer is not incorporated in Australia; and

  (c)   no written notice has been given to APRA of an address for service in Australia for the subsidiary;

the address for service in Australia for the foreign general insurer is taken, from the time when the notice referred to in paragraph   (a) was or is given, to have been, or to be, the address for service in Australia for the subsidiary for the purposes of this Act.