business.gov.au

Registration of a Friendly Society - Australian Government

Description

You will require this licence if you intend 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.

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 Amount Description
Apply Application All $110000.00

Fees for 2023-24

Forms

Other resources

Task Business Structure Resources
Comply All Guidelines on Registration of Life Companies - PDF (Opens in new window)

Act(s) name

Life Insurance Act 1995 Australian Government

Regulation(s) name

Life Insurance Regulations 1995 Australian Government

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.