Commonwealth Consolidated Acts

PRIVATE HEALTH INSURANCE (PRUDENTIAL SUPERVISION) ACT 2015 - SECT 58

  (1)   APRA rules may provide for all or any of the following:

  (a)   the convening by external managers of health benefits funds of meetings of creditors of those funds, and the policy holders of the funds, to consider the possibility of the responsible insurers for those funds executing voluntary deeds of arrangement;

  (b)   the procedure for convening such meetings (including the giving of notices);

  (c)   the conduct of such meetings;

  (d)   the matters that may be decided at such meetings;

  (e)   the circumstances in which the external managers must include in their reports to APRA under section   59, recommendations arising out of decisions taken at such meetings;

  (f)   the kinds of such recommendations that may be included in those reports;

  (g)   the actions that APRA may take if such recommendations are included in those reports.

  (2)   This section does not limit the matters that may be included in APRA rules for the purposes of any other provision of this Part.