Overview
The Australian Prudential Regulation Authority (APRA) has issued a formal disqualification notice against an individual named Lui Stephen Seve. The notice is dated 11 August 2026 and is registered on the Federal Register of Legislation as instrument F2026N00577. The notice is currently in force.
Legislation
The disqualification is made under the Superannuation Industry (Supervision) Act 1993 and is administered by the Department of the Treasury.
Effect of the disqualification
A disqualification under this Act prohibits the named individual from acting as:
- a trustee of a superannuation fund
- a director of a corporate trustee of a superannuation fund
- an investment manager of a superannuation fund
- a custodian of a superannuation fund
Key actions
The following actions are relevant to this notice:
- View the full notice at https://www.legislation.gov.au/F2026N00577 to confirm the exact terms and scope of the disqualification.
- If Lui Stephen Seve is currently involved in a superannuation fund as a trustee, director, investment manager, or custodian, seek legal or financial advice - this disqualification is in force as of 11 August 2026.
- If there is uncertainty about whether this disqualification affects a fund's structure or compliance obligations, contact the Department of the Treasury or a superannuation compliance adviser.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.