FIRST HOME SAVER ACCOUNTS ACT 2008 (REPEALED)
APRA may give an applicant for an authorisation as an FHSA provider a notice, in writing, requesting it to give specified information relating to the application to APRA by a specified time. The specified time must be reasonable in the circumstances.
90(2)
APRA may decide to treat the application as having been withdrawn if the applicant:
(a) does not comply with a request to provide information under this section; and
(b) does not have a reasonable excuse for not complying.
90(3)
If APRA decides under subsection (2) to treat the application as having been withdrawn, APRA must take all reasonable steps to ensure that the applicant is given a notice informing the applicant of:
(a) APRA ' s decision; and
(b) the reasons for that decision;
as soon as practicable after making the decision.
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