Prudential Rules

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The Prudential Rules listed below are available in PDF format (click here for instructions).

Click here for a list of prudential rules that have either been revoked or superseded.

On 1 January 2008, APRA introduced new, amended and reissued prudential standards for life insurers and friendly societies. A number of Prudential Rules have been revoked as a result (click here for an explanation of the changes to PR 23 and PR 24).

A number of Prudential Rules have been revoked and/or superseded and have been removed from this website. They are available by contacting the Australian Prudential Regulation Authority.

Title	Application
PR 36 Restructure of Statutory Funds	All life companies
PR 37 Termination of Statutory Funds	Friendly societies
PR 38 Restructure and Termination of Statutory Funds - Transitional matters	All life companies
PR 39 Adequate Adoption of Benefit Fund Rules or Amendments of Approved Benefit Fund Rules	Friendly societies
PR 40 Approval of Benefit Fund Rules Variation of Prudential Rule No 40*	Friendly societies
PR 41 Approval of Amendment of Approved Benefit Fund Rules*	Friendly societies
PR 42 Approval of Amendment of Approved Benefit Fund Rules as Required by APRA	Friendly societies
PR 43 Approval of Consequential Amendments of Company's Constitution	Friendly societies
PR 44 Approval of Consequential Amendments of Company's Constitution as Required by APRA	Friendly societies
PR 45 Joint Investments of Friendly Society Approved Benefit Funds	Friendly societies
PR 46 Single Bank Account for Friendly Society Approved Benefit Funds	Friendly societies
PR 50 Revised Starting Amounts (view explanatory statement here)	All life companies other than friendly societies

Note 1: Prior to the formation of the Australian Prudential Regulation Authority, the Insurance and Superannuation Commissioner issued Commissioner's Rules (CR) under the Life Insurance Act 1995. PR 30 changed the name of the pre-existing Commissioner's Rules to Prudential Rules from 1 July 1998. Therefore all references to Commissioner's Rules should be read as references to Prudential Rules.

* This prudential rule was varied in July 2010 to correct cross-references.