Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 29DE

APRA to give notice of refusal of applications

                   If APRA refuses an application by a body corporate or a group of individual trustees for an RSE licence, APRA must take all reasonable steps to ensure that the body or a member of the group is given a notice informing the body or group of:

                     (a)  APRA's refusal of the application; and

                     (b)  the reasons for that refusal;

as soon as practicable after refusing the application.


 


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