May I suggest you spend some time in our 1000+ page Part 61 (10times as thick as the FAA one!).
The CAAP refers to the old CAO which said that an initial issue could not be completed in a foreign sim - and if the rating was 2 years old you needed an initial issue again.
With the new Part 61, this is not mentioned - so I suspect after an initial issue with a Part 61 licence you can complete an IPC when ever you need to.