SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 14 Indefinitely continuing fund--application of rules against perpetuities
SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 14
Indefinitely continuing fund--application of rules against perpetuities If the governing rules of a fund contain a provision the purpose
of which is to avoid a breach of a rule of law relating to perpetuities, that
provision does not prevent the fund from being treated as an indefinitely
continuing fund for the purposes of the definition of approved deposit fund or
superannuation fund in section 10.