Document ID: chunk:federal_register_of_legislation:C2010C00544:clause:1_295
Version: federal_register_of_legislation:C2010C00544
Segment Type: clause
Provision Reference: sch 1 cl 295
Character Range: 132221–132896

295  Saving provision for section 332 declarations (Superannuation Industry Supervision Act)

(1) This item applies to a declaration that was in force under section 332 of the Superannuation Industry (Supervision) Act 1993 immediately before that section was amended by this Act.

(2) The declaration:
 (a) continues in force after the commencement of the amendments, as if it were a declaration made under section 332 as amended; and
 (b) may be varied or revoked by APRA under section 332 as amended.

(3) A declaration or part of a declaration to which subitem (2) does not apply ceases to have effect at the time the amendment of section 332 made by this Act commences.