Superannuation (Resolution of Complaints) Regulations 2018

SECTION 10   COMPLAINT HANDLING BODIES  

10(1)    
For the purposes of subsection 22A(1) of the Act, a body responsible for dealing with disputes under an external dispute resolution scheme that complies with paragraph 912A(2)(b) of the Corporations Act 2001 is prescribed for the period that:


(a) starts on the commencement of this section; and


(b) ends immediately before the day that the amendments made by Part 5 of Schedule 1 to the Treasury Laws Amendment (Putting Consumers First - Establishment of the Australian Financial Complaints Authority) Act 2018 start to apply.

Note:

The repeal of paragraph 912A(2)(b) of the Corporations Act 2001 by item 59 of Schedule 1 to the Treasury Laws Amendment (Putting Consumers First - Establishment of the Australian Financial Complaints Authority) Act 2018 applies on and after when the amendments made by Part 5 of that Schedule start to apply. For when the amendments made by Part 5 of that Schedule start to apply, see item 72 of that Schedule.


10(2)    
For the purposes of subsection 22A(1) of the Act, the operator of the AFCA scheme is prescribed from the start of the day that the amendments made by Part 4 of Schedule 1 to the Treasury Laws Amendment (Putting Consumers First - Establishment of the Australian Financial Complaints Authority) Act 2018 start to apply.

Note:

For when the amendments made by Part 4 of Schedule 1 to the Treasury Laws Amendment (Putting Consumers First - Establishment of the Australian Financial Complaints Authority) Act 2018 start to apply, see item 58 of that Schedule.





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