Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
St. George Life Limited, in the matter of St. George Life Limited [2018] FCA 1206 File number: NSD 1196 of 2018
Judge: MARKOVIC J
Date of judgment: 13 July 2018
Date of publication of reasons: 15 August 2018
Catchwords: INSURANCE – application under s 193 of the Life Insurance Act 1995 (Cth) (Act) for confirmation of a scheme transferring life insurance business – first Court hearing – where scheme proposes an intra-company transfer of a life insurance business – whether pursuant to s 191(5) of the Act the Court should dispense with the requirement to comply with s 191(2)(c) of the Act – application allowed.
Legislation: Life Insurance Act 1995 (Cth) ss 191, 193, 194
Cases cited: BT Life Limited; In the matter of BT Life Limited [2011] FCA 1100 Macquarie Life Limited, in the matter of Macquarie Life Limited [2016] FCA 973 National Mutual Life Association of Australasia Limited, the application of National Mutual Life Association of Australasia Limited and AMP Life Limited [2016] FCA 1219 The application of Commonwealth Life Ltd (2003) 12 ANZ Ins Cas 90-117; [2003] FCA 501
Date of hearing: 13 July 2018
Registry: New South Wales
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