Commonwealth Consolidated Acts Commonwealth Consolidated ActsBenefit fund rules approved by APRA under section 16L come into force on the later of the following days:
(a) the day on which APRA approved the rules;
(b) the day (if any) specified in the rules as the day on which they are to come into force;
(c) if the company that applied for approval of the rules was not a friendly society on the day on which the application was made--the day on which the company becomes a friendly society.