Document ID: chunk:federal_register_of_legislation:C2023A00068:clause:2_6
Version: federal_register_of_legislation:C2023A00068
Segment Type: clause
Provision Reference: sch 2 cl 6
Character Range: 35427–36303

6                                 any subsidiary of an ADI                                                                                  any significant related entity of an accountable entity.

(4) The period of disqualification ends when the period of the disqualification under the old Banking Act would have ended.
(5) Paragraphs 42(1)(a) and (b) and subsections 42(3) to (7) of the FAR Act do not apply in relation to the disqualification.

Applications to vary or revoke disqualification
(6) If:
 (a) before the banking start time, the person applies to APRA under section 37JA of the old Banking Act to vary or revoke the disqualification; and
 (b) as at the banking start time, the application has not been withdrawn by the applicant, or dealt with by APRA;
the application is taken, after the banking start time, to have been made under section 43 of the FAR Act.