Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:6
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 6
Character Range: 1209752–1210948

6                           If on 31 August in the current financial year both of the following circumstances exist:                                                                                                                                                                                                                                 From 1 business day after 31 August in the current financial year until 1 business day after 31 August in the following financial year
                            (a) APRA has given the trustee a notification of a determination under subsection 60C(2) of the SIS Act that the requirement in subsection 60D(1) of that Act has not been met for a Part 6A product (within the meaning of that Act) offered by the entity, in relation to the most recently completed financial year;
                            (b) APRA had not given the trustee a notification of another determination under subsection 60C(2) of the SIS Act that the requirement in subsection 60D(1) of that Act had not been met for the Part 6A product, in relation to the financial year 2 years before the current financial year;
                            a description of those circumstances