Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Szuch v Australian Prudential Regulatory Authority [2018] FCA 405 File number(s): VID 1078 of 2017
Judge(s): O'CALLAGHAN J
Date of judgment: 20 March 2018
Catchwords: INSURANCE – application to court that applicant is not a disqualified person under s 245B of the Life Insurance Act 1995 – where applicant previously disqualified by Australian Prudential Regulatory Authority – whether disqualification continues to be justified – where Australian Prudential Regulatory Authority does not oppose order – order granted
Legislation: Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 (Cth) Insurance Act 1973 (Cth), ss 25A, 26 Life Insurance Act 1995 (Cth), ss 94, 236, 245A, 245B
Cases cited: Burroughs v Australian Prudential Regulatory Authority [2016] FCA 775; (2016) 340 ALR 267
Date of hearing: 20 March 2018
Registry: Victoria
Division: General Division
National Practice Area: Commercial and Corporations
Sub-area: Regulator and Consumer Protection
Category: Catchwords
Number of paragraphs: 18
Counsel for the Applicant: Dr L Hilly
Solicitor for the Applicant: Brian Ward & Partners
Counsel for the Respondent: Mr R Craig
ORDERS VID 1078 of 2017
BETWEEN: WILLIAM SZUCH Applicant
AND: AUSTRALIAN PRUDENTIAL REGULATORY AUTHORITY Respondent
JUDGE: O'CALLAGHAN J DATE OF ORDER: 20 MARCH 2018
UPON THE APPLICANT UNDERTAKING TO THE COURT THAT HE WILL NOT AT ANY TIME SEEK TO BE, PURPORT TO BE, HOLD HIMSELF OUT TO BE, OR BE APPOINTED ACTUARY OF A LIFE INSURANCE BUSINESS REGULATED BY THE AUSTRALIAN PRUDENTIAL REGULATORY AUTHORITY THE COURT ORDERS THAT:
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