(a) all or a specified part of a relevant reporting document does not contain confidential information; or (b) all or a specified part of relevant reporting documents of a specified kind do not contain confidential information;if, taking into account any representations made under subsection (3) in relation to the document or documents of that kind, APRA considers that the benefit to the public from the disclosure of the document or documents, or information contained in the document or documents, outweighs any detriment to commercial interests that the disclosure may cause. (5) Paragraphs (4)(a) and (b) apply to agreements, understandings or arrangements entered into, or expectations arising, before or after the member’s appointment.
Under section 56, 'protected information' is information that is disclosed or obtained under, or for the purposes of, a prudential regulation framework law (that is, the APRA Act and the laws administered by APRA) and relates to the affairs of … Act No. (2) Items 1 and 2 of Schedule 1 are taken to have commenced immediately after the commencement of the (12) Part 1 of Schedule 12 commences: (a) after all of the Acts listed in subsection (13) have received the Royal Assent; and (b) on the day that is the last day on which any of those Acts received the Royal Assent. Purposes of the Collapsed Insurer Special Account (1) The purposes of the Collapsed Insurer Special Account are as follows: (b) APRA making payments by way of refund, in accordance with regulations made for the purpose of this paragraph, of amounts paid (or purportedly paid) by way of: (i) collapsed insurer levy; or (ii) late payment penalty in respect of unpaid amounts of collapsed insurer levy; (c) meeting APRA’s administrative costs associated with APRA making payments referred to in paragraph (a) or (b). All current enabling legislation that apply to APRA's activities can be found below. On 3 September 2019, the Approach was updated to include principles that APRA will take into account whe… (1) A person may only be appointed as an APRA member if the Minister is satisfied that the person is qualified for appointment by virtue of his or her knowledge or experience relevant to APRA’s functions and powers. 1 Name This instrument is the Australian Prudential Regulation Authority Regulations 2018.. 2 Commencement (1) Each provision of instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table.
(3) In spite of anything contained in this section, if an APRA member: (a) is an eligible employee for the purposes of the (b) has not reached his or her maximum retiring age (within the meaning of that Act);then he or she is not capable of being retired from office on the ground of invalidity (within the meaning of Part IVA of that Act) unless CSC has given a certificate under section 54C of that Act. (1) APRA may, by writing under its seal, delegate any functions or powers conferred on APRA by this Act or any other law of the Commonwealth to an APRA member or to an APRA staff member.
(5) The Finance Minister may delegate, in writing, to an SES employee or acting SES employee in the Department that is administered by the Finance Minister, the Finance Minister’s power of approval for the purposes of subsection (1). (1) APRA may, by legislative instrument, fix charges to be paid to APRA by a person in respect of: (a) services and facilities APRA provides the person; or (b) applications or requests (however described) made to APRA under any law of the Commonwealth.The instrument may also provide for the waiver or refund of charges. (a) the superannuation data and payment regulations and standards made under the (b) the data and payment regulations and standards for retirement savings accounts made under the (c) the consolidation of active and inactive superannuation interests; and (d) the requirement that tax file numbers be the primary means for identifying member accounts; and (e) any other matter prescribed by the regulations made for the purposes of this subsection.
(4) Without limiting subsection (1), interests that must be disclosed under that subsection include: (a) any agreement, understanding or expectation that the APRA member will: (i) resume a previous business relationship (whether or not that relationship existed immediately before the member’s appointment); or (ii) enter into a new business relationship; when the member ceases to be a member; and (b) any severance arrangement or ongoing financial arrangement that takes account of an agreement, understanding or expectation that must be disclosed under paragraph (a).
(2) The Minister may, by written notice to a collapsed insurer (or to an external manager or terminating manager of a collapsed insurer), determine conditions on which collapsed insurer assistance payments in respect of the insurer are made.