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:
- 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
- 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
- Avant Mutual Group Limited ABN 58 123 154 898
- Gant Super Pty Ltd ACN 123 104 101 as trustee for Quay Superannuation Fund
- Scott Gant
- Moneris Pty Ltd ABN 38 613 335 112
- TK Consulting (Aust) Pty Ltd ACN 097 409 286 as trustee for The Hamman Family Trust
- KH Investments Pty Limited ACN 161 364 030 as trustee for KH Development Trust
- Future Super KH Custodian Pty Limited ACN 603 308 229 as trustee for Future Super Fund
- Kevin Hamman
- Future Super KH Pty Ltd ACN 161 145 759 as trustee for the Future Superfund
- Julie McConaghy
- M S J Capital Pty. Limited ABN 99 077 115 434 ATF Harrison Superannuation Fund
- Jasmah Investments Pty. Ltd. ACN 116 326 544 as trustee for the Jasmah Investments Trust
- Anthony R Brown
- Brohok Investment Co Pty Ltd ACN 000 730 530
- Emery Feyzeny and Judy Feyzeny as trustees of the Pluvial Super Fund
- Emery Feyzeny
- Stephen James Harrison
- Angela Jane Harrison
- Sam Alexander Harrison
- Traction Funds Pty Limited ABN 26 641 613 416