SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

PART 2A - LICENSING OF TRUSTEES AND GROUPS OF INDIVIDUAL TRUSTEES  

Division 4 - Grant of RSE licences  

SECTION 29DE   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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