Registration of a Friendly Society - Australian Government

Description

You will require this licence if you wish to operate as a friendly society.

A friendly society is an Australian, mutually owned, not-for-profit company that provides financial benefits, such as funeral costs, sickness cover, hospital insurance and retirement benefits for its members.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

Please consult the Contact Officer or view the attached guidelines for more information regarding eligibility requirements.

Duration

Ongoing.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

General application fee: $80 000.

Forms

Task Business Structure Resources
Apply All Application for Registration as a Friendly Society - Please consult the Contact Officer for information on forms to be submitted.

Other resources

Act(s) name

Life Insurance Act 1995 AG

Regulation(s) name

Life Insurance Regulations 1995 AG

Administering agency

Australian Prudential Regulation Authority

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries

Australian Prudential Regulation Authority

Toll Free: 1300 558 849
Phone: 02 8037 9015
Contact us website: http://www.apra.gov.au/Pages/Contact-APRA.aspx (Opens in new window)
Website: Australian Prudential Regulation Authority (Opens in new window)