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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 76 Private sector funds established on or after 12 March 1985--historical cost ratio for the 1994 - 95 year of income

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 76

Private sector funds established on or after 12 March 1985--historical cost ratio for the 1994 - 95 year of income

  (1)   This section applies to a regulated superannuation fund, if the fund is a private sector fund established on or after 12   March 1985.

  (2)   At all times during the fund's 1994 - 95 year of income when the fund was in existence, the historical cost ratio of the fund's in - house assets must not exceed 10%.