FIRST HOME SAVER ACCOUNTS ACT 2008 (REPEALED)
PART 7
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PRUDENTIAL PROVISIONS
Division 3
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Prudential Standards
SECTION 122
Notice of determination, variation or revocation of certain Prudential Standards
122(1)
If APRA determines or varies a Prudential Standard referred to in paragraph 121(1)(c) it must, as soon as practicable, give a copy of the standard, or of the variation, to the FHSA provider, or to each FHSA provider, to which the standard applies.
122(2)
If APRA revokes a Prudential Standard referred to in paragraph 121(1)(c) it must, as soon as practicable, give notice of the revocation to the FHSA provider, or to each FHSA provider, to which the standard applied.
122(3)
A failure to comply with subsection (1) or (2) does not affect the validity of the action concerned.
If APRA determines or varies a Prudential Standard referred to in paragraph 121(1)(c) it must, as soon as practicable, give a copy of the standard, or of the variation, to the FHSA provider, or to each FHSA provider, to which the standard applies.
122(2)
If APRA revokes a Prudential Standard referred to in paragraph 121(1)(c) it must, as soon as practicable, give notice of the revocation to the FHSA provider, or to each FHSA provider, to which the standard applied.
122(3)
A failure to comply with subsection (1) or (2) does not affect the validity of the action concerned.
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