Insurance (prudential standard) determination No. 10 of 2006
Variation to Prudential Standard GPS 231 Outsourcing
Insurance Act 1973
I, John Francis Laker, Chair of APRA, under subsection 32(1) of the Insurance Act 1973 and subsection 33(3) of the Acts Interpretation Act 1901, VARY Insurance (prudential standard) determination No. 9 of 2006 - Prudential Standard GPS 231 Outsourcing (the principal determination), determined on 29 September 2006, in the manner set out in the Schedule.
Item a in the Schedule takes effect from the date of registration on the Federal Register of Legislative Instruments.
 
Item b in the Schedule takes effect immediately after the commencement of the principal determination.
 
 
 
Dated  22 November 2006
 
 
[Signed]
 
John Francis Laker
Chair
 
 
 
Interpretation
In this Determination
APRA means the Australian Prudential Regulation Authority.
 
 
Schedule
 
Variation to the principal determination
 
a.       Omit ‘This instrument takes effect from the later of 1 January 2007 and the date of registration on the Federal Register of Legislative Instruments’ from the principal determination and substitute ‘This instrument takes effect from 1 April 2007’.
 
b.      Paragraph 3 of Prudential Standard GPS 231 Outsourcing (as set out in the Schedule to the principal determination) – delete the words and numbers ‘1 January 2007’ and substitute the words and numbers ‘1 April 2007’.