Document ID: chunk:federal_register_of_legislation:C2020A00135:clause:9_50
Version: federal_register_of_legislation:C2020A00135
Segment Type: clause
Provision Reference: sch 9 cl 50
Character Range: 152649–153179

50  Before paragraph 915I(1)(a)
Insert:
 (aa) ASIC cannot suspend or cancel the licensee's licence if the licensee is authorised to provide a superannuation trustee service unless:
 (i) APRA has agreed in writing with the proposed action; or
 (ii) the licensee applied under paragraph 915B(1)(e), (2)(d), (3)(d) or (4)(d) for ASIC to take the proposed action; or
 (iii) the licensee's RSE licence is not in effect, and is not treated by section 29GB of the Superannuation Industry (Supervision) Act 1993 as if it were in effect;