Superannuation Industry (Supervision) Act 1993

Pt 31 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007.

Div 2 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007.

Subdiv C repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007.

S 365 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007. S 365 formerly read:

SECTION 365 APRA TO APPOINT NEW TRUSTEE  
365(1)
Subject to subsections (2) and (3), if APRA receives a notice under section 363 , APRA must appoint a constitutional corporation as the new trustee of the Part 31 entity.

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S 365(1) amended by No 54 of 1998.

365(2)
If APRA also receives a notice under subsection 364(2) , APRA must not appoint the existing management company as the new trustee.

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S 365(2) amended by No 54 of 1998.

365(3)
If APRA also receives a notice under subsection 364(3) , APRA must appoint the existing management company as the new trustee.

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S 365(3) amended by No 54 of 1998.

365(4)
The appointment of the new trustee does not take effect except as provided in section 366 .