Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)
Schedule 9 Adjustment of APRA and ASIC's roles in superannuation
Part 2 Adjustments relating to financial services
Corporations Act 2001
53 Subsection 915I(3)
Repeal the subsection, substitute:
(3) A failure to comply with a requirement of this section to consult or inform APRA about, or to consider advice from ASIC about, or to get the agreement of APRA about, a suspension or cancellation, or a revocation of a suspension, of a licence does not invalidate the action taken.
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