Document ID: chunk:federal_register_of_legislation:C2010C00224:clause:1_56
Version: federal_register_of_legislation:C2010C00224
Segment Type: clause
Provision Reference: sch 1 cl 56
Character Range: 62980–63747

56  Subsection 126D(1A)
Repeal the subsection, substitute:

 (1A) If, having regard to any of the following:
 (a) the offence to which the application relates;
 (b) the time that has passed since the applicant committed the offence;
 (c) the applicant's age when the applicant committed the offence;
 (d) the orders made by the court in relation to the offence;
 (e) any other relevant matter;
the Regulator is satisfied that the applicant is highly unlikely to:
 (f) contravene this Act; and
 (g) do anything that would result in a self managed superannuation fund not complying with this Act;
the Regulator must, by notice in writing given to the applicant, make a declaration waiving the applicant's status as a disqualified person for the purposes of this Part.