Commonwealth Consolidated Acts

BANKING ACT 1959 - SECT 22

  (1)   A disqualified person, or APRA, may apply to the Federal Court of Australia for:

  (a)   if the person is a disqualified person only because he or she was disqualified under section   21--a variation or a revocation of the order made under that section; or

  (b)   otherwise--an order that the person is not a disqualified person.

  (2)   If the Court revokes an order under paragraph   (1)(a) or makes an order under paragraph   (1)(b), then, despite section   20, the person is not a disqualified person .

  (3)   At least 21 days before commencing the proceedings, written notice of the application must be lodged:

  (a)   if the disqualified person makes the application--by the person with APRA; or

  (b)   if APRA makes the application--by APRA with the disqualified person.

  (4)   An order under paragraph   (1)(b) may be expressed to be subject to exceptions and conditions determined by the Court.