Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1055B

Operation of determination of superannuation complaint

             (1)  Subject to subsection (2), a determination of a superannuation complaint by AFCA comes into operation immediately upon the making of the determination.

             (2)  AFCA may specify in the determination that the determination is not to come into operation until a later date specified in the determination and, if a later date is so specified, the determination comes into operation on that date.

             (3)  If, under subsection 1055(4) or (5), the determination varies a decision of another person, or substitutes a decision for a decision of another person, that decision as varied or substituted:

                     (a)  is, for all purposes (other than the making of a complaint about the decision) taken to be a decision of the other person; and

                     (b)  on the coming into operation of the determination by AFCA, unless AFCA otherwise orders, has effect, and is taken to have had effect, on and from the day on which the original decision has or had effect.



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