Commonwealth Consolidated Acts

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LIFE INSURANCE ACT 1995 - SECT 51

APRA's power to sue in the name of a company

    If APRA thinks that it is in the interests of the owners of policies referable to a statutory fund to do so, APRA may bring an action against a person in the name, and for the benefit, of a life company for the recovery of an amount that the company is entitled to recover under section   50.



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