FIRST HOME SAVER ACCOUNTS ACT 2008 (REPEALED)
PART 7
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PRUDENTIAL PROVISIONS
Division 1
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Authorisation of RSE licensees as FHSA providers
Subdivision D
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Variation or revocation of condition on authorisation as FHSA provider
SECTION 106
When variations or revocations come into force etc.
106(1)
If, under section 103 or 104 , APRA varies a condition imposed on an authorisation as an FHSA provider:
(a) the variation comes into force on the day specified in the notice under paragraph 105(2)(d) ; and
(b) the variation remains in force until:
106(2)
If, under section 103 or 104 , APRA revokes a condition imposed on an authorisation as an FHSA provider, the revocation comes into force on the day specified in the notice under paragraph 105(2)(d) .
If, under section 103 or 104 , APRA varies a condition imposed on an authorisation as an FHSA provider:
(a) the variation comes into force on the day specified in the notice under paragraph 105(2)(d) ; and
(b) the variation remains in force until:
(i) the condition is varied in an inconsistent manner; or
(ii) the condition is revoked; or
(iii) the authorisation is cancelled.
106(2)
If, under section 103 or 104 , APRA revokes a condition imposed on an authorisation as an FHSA provider, the revocation comes into force on the day specified in the notice under paragraph 105(2)(d) .