SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993
(a) at any time (including a time before the commencement of this section):
(i) the individual was convicted of an offence against or arising out of a law of the Commonwealth, a State, a Territory or a foreign country, being an offence in respect of dishonest conduct; or
(ii) a civil penalty order was made in relation to the person; or
(b) the person is an insolvent under administration; or
(i) to the extent that the Regulator is the Commissioner of Taxation - the Regulator has disqualified the individual under section 126A ; or
(ii) to the extent that the Regulator is APRA - the Federal Court of Australia has disqualified the individual under section 126H .
(a) the body corporate knows, or has reasonable grounds to suspect, that a person who is, or is acting as, a responsible officer of the body corporate is:
(i) for a person who is a disqualified person only because he or she was disqualified under section 126H - disqualified from being or acting as a responsible officer of the body corporate; or
(ii) otherwise - a disqualified person; or
(b) a receiver, or a receiver and manager, has been appointed in respect of property beneficially owned by the body; or
(c) an administrator has been appointed in respect of the body; or
(d) a provisional liquidator has been appointed in respect of the body; or
(e) the body has begun to be wound up.
(Repealed by No 25 of 2008)
A reference in this section to a person who has been convicted of an offence includes a reference to a person in respect of whom an order has been made under section 19B of the Crimes Act 1914 , or under a corresponding provision of a law of a State, a Territory or a foreign country, in relation to the offence.120(4) Law on spent convictions does not apply.
Division 3 of Part VIIC of the Crimes Act 1914 does not apply in relation to the disclosure of information about a conviction of the kind mentioned in paragraph (1)(a), if the disclosure is for the purposes of this Part.