OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)

PART 3B - PRE-1 JULY 1988 FUNDING CREDITS AND DEBITS  

REGULATION 23PN  

23PN   TRANSFER OF PJFCs - REVOCATION OF APPROVAL  
The Commissioner may revoke an approval given under regulation 23PL or 23PM only if:

(a) information about matters relating to the application for approval that was not available to the Commissioner when he or she made the decision to approve the application becomes available to the Commissioner; and

(b) after considering that information, the Commissioner is satisfied that:

(i) a requirement specified in regulation 23PO (other than a requirement that does not need to be satisfied under paragraph 23PL(2)(b) or 23PM(2)(b) ) was not satisfied in relation to the transfer; or

(ii) in the case of a requirement that, under paragraph 23PL(2)(b) or 23PM(2)(b) , does not need to be satisfied - there were no special circumstances to justify the application of that paragraph.