Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)

Schedule 12   Statutory obligation to cooperate and formalising ASIC meeting procedures

Part 2   Financial regulator information

Australian Prudential Regulation Authority Act 1998

8   Application

(1) Subject to this item, the amendments made by this Part of the Australian Prudential Regulation Authority Act 1998 apply in relation to requests made by ASIC under section 55A of that Act on or after the commencement of this item, whether or not the information or documents requested were given to APRA before that commencement.

(2) Section 55D of the Australian Prudential Regulation Authority Act 1998, as inserted by this Part, applies in relation to breaches of legislative provisions that may have occurred before, on or after the commencement of this item.