U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
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1. Name and address of issuer: Preferred Life Variable Account C
152 West 57th Street, 18th Floor
New York, NY 10019
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2. Name of each series or class of securities for which this Form is filed(If
the Form is being filed for all classes of securities of the issuer, check
the box but to not list series or classes): [ ]
Preferred Life Variable Account C
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3. Investment Company Act File Number: 811-5716
Securities Act File Number: 33-26646, 333-19699, and 333-19173
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4(a)Last day of fiscal year for which this notice is filed:
December 31, 1999
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4(b)[ ] Check box if this notice is being filed late(i.e. more than 90
calendar days after the end of the issuer's fiscal year).(See
Instruction A.2)
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4(c)[ ] Check box if this is the last time the issuer will be filing this
form.
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year pursuant to section 24(f): $ 11,423,000
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(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $ 185,900,000
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(iii) Aggregate price of shares redeemed or
repurchased during any prior fiscal year ending no
earlier than October 11, 1995 that were not
previously used to reduce registration fees payable
to the Commission: $ 159,655,547
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(iv) Total available redemption credits {add items 5(ii)
and (5iii)}: - $ 345,555,547
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(v) Net sales - if Item 5(i) is greater than Item 5(iv)
{subtract Item 5(iv) from Item 5(i)} $ 0
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(vi) Redemption credits available for use in future years
- if Item 5(i) is less than Item 5(iv) {subtract
Item 5(iv) from Item 5(i)}: $ 334,132,547
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(vii) Multiplier for determining registration fee (See
Instruction C.9): X .000264
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(viii) Registration fee due {multiply Item 5(v) by Item
5(vii)} (enter "0" if no fee is due): = $ 0.00
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6. Prepaid Shares
If the response Item 5(i) was determined by deducting an amount of securities
that were registered under the Securities Act of 1933 pursuant to rule 24c-2
as in effect before October 11, 1997, then report the amount of securities
(number of shares or other units) deducted here:_____-0-____ If there is a
number of shares or other units that were registered pursuant to rule
24c-2 remaining unsold at the end of the fiscal year for which this form
is filed that are available for use by the issuer in future fiscal years,
then state that number here:____-0-_______
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7. Interest due - if this Form is being filed more than 90 days after
the end of the issuer's fiscal year (See Instruction D):
+ $ 0
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8. Total of the amount of the registration fee due plus any interest
due {line 5(viii) plus line 7}:
= $ 0.00
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: No fee required.
Method of Delivery:
[ ] Wire Transfer
[ ] Mail or other means
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SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.
By (Signature and Title)
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Michael Ahles, CPA
Allianz Life Insurance Company of North America
Controller, Variable Products
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Date March 27, 2000
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