South Australian Consolidated Regulations (1) This regulation
applies to an exemption granted by a corresponding authority if—
(a) the
exemption is granted from compliance with a provision of the law of the other
jurisdiction corresponding to a provision (the "relevant provision ) of these
regulations; and
(b) the
exemption has effect in the other jurisdiction; and
(c) CAP
has decided that the exemption should have effect in all participating
jurisdictions or participating jurisdictions including this State, and CAP has
not reversed the decision.
(2) Subject to
subregulation (3), the exemption has effect in this State as if it were
an exemption from compliance with the relevant provision granted by the
Competent Authority.
(3) The exemption will
cease to have effect 10 years after the day CAP decided that the exemption
should have effect in all participating jurisdictions or participating
jurisdictions including this State (if it has not earlier ceased to have
effect).