requirements and reporting requirements.
             The Act also covers the failure or imminent failure of an insurance company. The Act does not prevent company failure, but allows APRA, in certain cases, to take action to prevent a company from dealing in its assets. APRA may appoint an inspector to examine the company's affairs where it is considered to be in the public interest, and make application under the provisions of the Corporations Law for the company to be wound up under an ord
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