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
50 Paragraph 120(2)(a)
Repeal the paragraph, substitute:
(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
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