332
CurrentRegulator’s powers of modification—modifiable provisions
Volume 2Parts 16 to 32 (sections 128 to 383), Endnotes
Part 29Exemptions and modifications
332 Regulator’s powers of modification—modifiable provisions
(1)
The Regulator may, in writing, declare that a modifiable provision is to have effect, as if it were modified as specified in the declaration, in relation to:
(a)
a particular person or class of persons; or
(b)
a particular group of individual trustees or a class of groups of individual trustees.
(2)
A declaration that applies to a particular person or group is not a legislative instrument.
(3)
Otherwise, a declaration is a legislative instrument.
This Act’s bill:Second reading speech
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