Commonwealth Consolidated Acts

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LIFE INSURANCE ACT 1995 - SECT 246

Principal executive officer

  (1)   The principal executive officer of a life company, for the purposes of this Act, is the person nominated for the purposes of section   20.

  (4)   A life company may, at any time, give APRA written notice specifying a person who is to be the principal executive officer of the life company for the purposes of this Act.

  (5)   On the giving by a life company of a notice under subsection   (4), the person specified in the notice becomes the principal executive officer of the life company for the purposes of this Act.



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