(1) A body that is:
(a) a company within the meaning of the Corporations Act 2001 ; and
(b) a constitutional corporation;
may apply to APRA for registration as a private health insurer.
(2) The application:
(a) must be in the approved form; and
(b) must be accompanied by a copy of the applicant's proposed rules; and
(c) if the applicant is seeking to be registered as a for profit insurer--must state that fact; and
(d) if the applicant is seeking to be registered as a restricted access insurer--must state that fact.