Superannuation Industry (Supervision) Act 1993
29FFWhen variations or revocations come into force etc.
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29FF When variations or revocations come into force etc.
(1) If, under section 29FC, APRA varies an RSE licence so that it is an RSE licence of a different class: (a) the variation comes into force on the day specified in the notice under paragraph 29FE(2)(d); and (b) the variation remains in force until: (i) the licence is again varied so that it is an RSE licence of a different class; or (ii) the licence is cancelled. (2) If, under section 29FC or 29FD, APRA varies a condition imposed on an RSE licence: (a) the variation comes into force on the day specified in the notice under paragraph 29FE(2)(d); and (b) the variation remains in force until: (i) the condition is varied in an inconsistent manner; or (ii) the condition is revoked; or (iii) the licence is cancelled. (3) If, under section 29FC or 29FD, APRA revokes a condition imposed on an RSE licence, the revocation comes into force on the day specified in the notice under paragraph 29FE(2)(d).