Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)

Schedule 9   Adjustment of APRA and ASIC's roles in superannuation

Part 2   Adjustments relating to financial services

Superannuation Industry (Supervision) Act 1993

66   Application and transitional - indemnification

The amendments of sections 56 and 57 of the Superannuation Industry (Supervision) Act 1993 made by items 63 and 64 of this Schedule apply in relation to:

(a) liabilities imposed on or after 1 January 2022; and

(b) amounts that become payable under infringement notices (however described) given on or after 1 January 2022.