APRA is taken, for the purposes of section 168, to have refused the application if APRA does not give the applicant written notice of its decision on the application:
(a) within 90 days after the application was made; or
(b) if APRA has given the applicant a notice under section 13 requiring the applicant to give further information relating to the application--within 90 days after the applicant gives that information to APRA;
whichever is later.