FIRST HOME SAVER ACCOUNTS ACT 2008 (REPEALED)

PART 7 - PRUDENTIAL PROVISIONS  

Division 2 - Application of the Superannuation Industry (Supervision) Act 1993  

SECTION 117   References to Prudential Standards  

117(1)    
The Superannuation Industry (Supervision) Act 1993 applies in accordance with subsection 114(2) with the modifications set out in this section.

117(2)    
Treat the reference in paragraph 130A(a) of the Superannuation Industry (Supervision) Act 1993 to " this Act " as including the Prudential Standards.

117(3)    
Insert after paragraph 133(1)(c) of the Superannuation Industry (Supervision) Act 1993 the following paragraph:

" (d) the FHSA provider breaches:

(i) the Prudential Standards; or

(ii) its authorisation as an FHSA provider; or "

117(4)    
Insert after paragraph 135(1)(c) of the Superannuation Industry (Supervision) Act 1993 the following paragraph:

" (ca) the Prudential Standards; and "

117(5)    
Treat the reference in paragraph 139(b) of the Superannuation Industry (Supervision) Act 1993 to " this Act " as including the Prudential Standards.

117(6)    
Treat the reference in subsection 320(1) of the Superannuation Industry (Supervision) Act 1993 to " this Act " as including the Prudential Standards.

117(7)    
Treat the reference in section 341 of the Superannuation Industry (Supervision) Act 1993 to " this Act " as including the Prudential Standards.