CTHIn ForceAct
Superannuation Industry (Supervision) Act 1993
29DEAPRA to give notice of refusal of applications
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#### 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.