Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007 (154 of 2007)
Schedule 1 Streamlining prudential regulation
Part 3 Amendments commencing 12 months after Royal Assent
Superannuation Industry (Supervision) Act 1993
247 Section 29DB
Repeal the section, substitute:
29DB Notice of class of licence
If APRA decides to grant an RSE licence to a body corporate or group of individual trustees, APRA must give the body corporate or group an RSE licence that specifies the class of licence granted.
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