Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 2000 (Extracts only) (24 of 2000)

Schedule 8   Amendment of the Retirement Savings Accounts Act 1997

1   Subsection 68(1)

Omit all the words from and including “APRA” (second occurring), substitute:

APRA may refer the details of the matter to the persons specified in subsection (2).

Note: Persons to whom APRA refers the details of the matter are subject to secrecy obligations under section 56 of the Australian Prudential Regulation Authority Act 1998. In particular, see paragraph (c) of the definition of officer in subsection 56(1), and subsections 56(2), (9) and (10), of that Act.