Document ID: chunk:federal_register_of_legislation:C2010C00224:clause:1_2
Version: federal_register_of_legislation:C2010C00224
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 55846–57917

2                                                                                  an order made under section 67          subsection 67A(1)                                 a disqualification made under section 67 that is continued in force under subitem (1)

(3) Section 67 of the Retirement Savings Accounts Act 1997 (as in force immediately after this item commences) applies in relation to any conduct engaged in by a person, whether before or after this item commences.

Waivers of disqualifications

(4) If:
 (a) a person applies to APRA under section 67 of the Retirement Savings Accounts Act 1997 for the revocation of a disqualification order under section 67 of that Act; and
 (b) APRA has not made a decision on the application at the time this item commences;
the application is taken to be withdrawn at that time.

Note: See subitem (5) for the treatment of a decision by APRA under section 67 of the Retirement Savings Accounts Act 1997 in respect of which review proceedings are on foot at commencement.

Review proceedings on foot at commencement

(5) The amendments to the Retirement Savings Accounts Act 1997 made by this Schedule do not affect:
 (a) any request, in relation to a decision made under section 67 of that Act, for a review that is pending under section 189 of that Act immediately before the commencement of this item; or
 (b) any proceeding, in relation to a decision under section 67 of that Act that has been confirmed or varied under subsection 189(4) of that Act, that is pending before the Administrative Appeals Tribunal immediately before the commencement of this item; or
 (c) any appeal to a court in relation to a proceeding referred to in paragraph (b).

(6) If a disqualification by APRA under section 67 of the Retirement Savings Accounts Act 1997 is confirmed or varied as a result of a request, proceeding or appeal referred to in subitem (5), the disqualification is, for the purposes of subitem (1), taken to have been in force immediately before this item commences.

Superannuation Industry (Supervision) Act 1993