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CORPORATIONS ACT 2001 - SECT 766H Meaning of superannuation trustee service

CORPORATIONS ACT 2001 - SECT 766H

Meaning of superannuation trustee service

  (1)   A person provides a superannuation trustee service if the person operates a registrable superannuation entity as trustee of the entity.

Note 1:   The meaning of person here is affected by section   761FA (about multiple trustees).

Note 2:   To determine whether a person to whom the service is provided is a retail client, see subsection   761G(6).

  (2)   However, the following do not constitute the provision of a superannuation trustee service :

  (a)   the operation of an exempt public sector superannuation scheme;

  (b)   conduct of a kind prescribed by regulations made for the purposes of this paragraph.

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