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Pt 31 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007.

Div 2 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007.

Subdiv B repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007.

S 362 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007. S 362 formerly read:

SECTION 362 WHAT HAPPENS IF EXISTING TRUSTEE FAILS TO GIVE A NOTICE UNDER SUBSECTION 359(2) OR (3)  
362(1)
If the existing trustee fails to take action as required by subsection 359(1) , the existing trustee is taken to have given APRA a notice under subsection 359(3) .

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History

S 362(1) amended by No 54 of 1998.

362(2)
Subsection (1) does not have effect for the purposes of a prosecution for an offence against subsection 359(5) that relates to a contravention of subsection 359(1) .

362(3)
If the existing trustee is taken by subsection (1) to have given APRA a notice, subsection 359(4) does not apply in relation to the notice.

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History

S 362(3) amended by No 54 of 1998.