Superannuation Industry (Supervision) Act 1993
View history note
Hide history noteAPRA may:
(a) vary a direction given to an RSE licensee under this Division, by notice in writing to the RSE licensee; or
(b) vary a direction given to a connected entity of an RSE licensee under this Division, by notice in writing to the connected entity and the RSE licensee;
if, at the time of the variation, APRA considers that the variation is necessary and appropriate.
131DC(2)
A direction under this Division has effect until APRA revokes it.
131DC(3)
APRA may:
(a) revoke a direction given to an RSE licensee under this Division, by notice in writing to the RSE licensee; or
(b) revoke a direction given to a connected entity of an RSE licensee under this Division, by notice in writing to the connected entity and the RSE licensee;
if, at the time of revocation, APRA considers that the direction is no longer necessary or appropriate.
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