Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 921ZD

    If a relevant provider who is a financial services licensee makes an application in accordance with section   921ZA, and ASIC registers the relevant provider under subsection   921ZC(1), the registration:

  (a)   comes into force when ASIC records in the Register of Relevant Providers that the relevant provider is registered; and

  (b)   remains in force until the earliest of the following:

  (i)   the cancellation time specified in a registration prohibition order in force against the relevant provider;

  (ii)   the time when a banning order against the relevant provider takes effect;

  (iii)   the relevant provider's Australian financial services licence ceases to be in force.