That seems to be the gist of this post at Fr Chadwicke’s site.
To save you trawling through the whole post, here are the relevant paragraphs:
Several things have come to light in two letters written by Archbishop Hepworth – to his clergy (to which I belong as a priest) and to the College of Bishops. He firstly announces his intention to resign as Primate of the TAC when it is known which bishops will resign and become Roman Catholics and which will remain to constitute the TAC College of Bishops. Those who will resign and become Roman Catholics do so with the Archbishop’s blessing and encouragement. Secondly, Archbishop Hepworth recognises, in the absence of dispensations of his canonical irregularities, that he cannot even become a lay member of the future Australian Ordinariate. His only avenue to becoming a Roman Catholic layman is through the Archdiocese of Adelaide. He might as well wear a cassock and pectoral cross in Saudi Arabia!
He informs us that he intends to remain the Bishop Ordinary of the Anglican Catholic Church in Australia. He will also assume the small Nippon Kirisuto Sei Ko Kai in Japan under his jurisdiction. We have as yet little idea of the number of Australian clergy and faithful wishing to follow him. “I remain the Bishop Ordinary in Australia and Japan, and under legislation of the Canadian General Synod, Primate of the ACCC. Those positions will be untouched by the forthcoming resignation”. He has told me personally that I would remain licensed as a priest under his jurisdiction. Whether that would be the Patrimony of the Primate or some kind of new “personal” jurisdiction, I do not know.
I’m not quite sure about Fr Chadwicke’s conclusion that “in the absence of dispensations of his canonical irregularities, that he cannot even become a lay member of the future Australian Ordinariate” but that “His only avenue to becoming a Roman Catholic layman is through the Archdiocese of Adelaide”. Why would becoming an lay Catholic in the Ordinariate – something which has actually been offered to him – be impossible? Wouldn’t he need “dispensation of his canonical irregularities” to become a lay member of the Adelaide Diocese also? Canonical lawyers reading this post may have more information.
In the mean time, it seems that Moses has led his people to the banks of the Jordan once again.