Document ID: chunk:federal_register_of_legislation:C2025C00134:section:342:p2
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 342 (pt 2/2)
Character Range: 1036605–1038006

a written notice granting the trustee of the fund a pre‑1 July 88 funding debit of that amount.
 (7) The regulations may make provision for and in relation to the transfer of pre‑1 July 88 funding credits between funds.
 (8) Without limiting the generality of subsection (7), the regulations made for the purposes of that subsection must make provision for:
 (a) the giving by APRA of a notice approving the transfer of a pre‑1 July 88 funding credit of a fund to another fund; and
 (b) the revocation of such a notice; and
 (c) requiring notification of such a revocation and of the reasons for the revocation.
 (9) If:
 (a) APRA has, under subsection (2) or (6), given a notice to a trustee of a fund; and
 (b) APRA, after considering information that was not previously considered by APRA, ceases to be satisfied as mentioned in the subsection concerned;
APRA must give written notice to a trustee of the fund revoking the notice.
 (10) If APRA refuses an application under subsection (1), APRA must give written notice to the applicant of the refusal.
 (11) A notice under subsection (9) or (10) must set out the reasons for the revocation or refusal, as the case requires.
 (12) APRA must give to the Commissioner of Taxation particulars of all notices given under this section or under regulations made for the purposes of subsection (7).
 (13) In this section:
fund means a superannuation fund.