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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 69A Sub - funds to be treated as funds

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 69A

Sub - funds to be treated as funds

    A sub - fund within a regulated superannuation fund is taken for the purposes of this Part to be a regulated superannuation fund if the sub - fund satisfies the following conditions:

  (a)   the sub - fund has separately identifiable assets and separately identifiable beneficiaries; and

  (b)   the interest of each beneficiary of the sub - fund is determined by reference only to the conditions governing that sub - fund.

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