Financial Sector Legislation Amendment (Review of Prudential Decisions) Act 2008 (25 of 2008)
Schedule 1 Court power of disqualification etc.
Part 1 Amendments commencing on Royal Assent
Superannuation Industry (Supervision) Act 1993
49 Paragraph 120(1)(c)
Repeal the paragraph, substitute:
(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.