Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This section applies to the person if the person would be in severe financial hardship for the purposes of Schedule 1 to the SIS Regulations if the modifications in subsection (2) were made.
(2) Treat subregulations 6.01(5) and (5A) of the SIS Regulations as if:
(a) each reference in subregulation 6.01(5) to the trustee of a superannuation entity were a reference to the Trust; and
(b) the application referred to in those subregulations were instead an application to the Trust for a determination under subsection 22DI(1) of the Act because of the ground set out in this section.