Federal Register of Legislation
Revocation of existing approval to hold a stake in a financial sector company of more than 20% No. 3 of 2024
Financial Sector (Shareholdings) Act 1998
To: The Existing Approval Holders named in Schedule 1 Since: 1. On 12 July 2021, the Existing Approval Holders were granted approval under subsection 14(1) of the Financial Sector (Shareholdings) Act 1998 (the Act) to hold a 100% stake in NobleOak Life Limited ABN 85 087 648 708 (the company), a financial sector company under the Act (the Existing Approval); and
1. On 10 October 2023, the Existing Approval Holders requested that the Existing Approval be revoked;
I, Peter Kohlhagen, a delegate of the Treasurer, under subsection 18(3) of the Act, revoke the Existing Approval.
This instrument commences on the day it is made and remains in force indefinitely. Date: 19 February 2024
Peter Kohlhagen General Manager Insurance Division Australian Prudential Regulation Authority
Interpretation
Act means the Financial Sector (Shareholdings) Act 1998. financial sector company has the meaning given in section 3 of the Act. stake in relation to a company, has the meaning given in clause 10 of Schedule 1 to the Act.
Schedule 1 – the Existing Approval Holders
1. Avant Mutual Group Limited ABN 58 123 154 898
1. Gant Super Pty Ltd ACN 123 104 101 as trustee for Quay Superannuation Fund
1. Scott Gant
1. Moneris Pty Ltd ABN 38 613 335 112
1. TK Consulting (Aust) Pty Ltd ACN 097 409 286 as trustee for The Hamman Family Trust
1. KH Investments Pty Limited ACN 161 364 030 as trustee for KH Development Trust
1. Future Super KH Custodian Pty Limited ACN 603 308 229 as trustee for Future Super Fund
1. Kevin Hamman
1. Future Super KH Pty Ltd ACN 161 145 759 as trustee for the Future Superfund
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