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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 80 All funds--historical cost ratio for the 1995 - 96 year of income, the 1996 - 97 year of income and the 1997 - 98 year of income

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 80

All funds--historical cost ratio for the 1995 - 96 year of income, the 1996 - 97 year of income and the 1997 - 98 year of income

  (1)   This section applies to a regulated superannuation fund.

  (2)   At all times during the period:

  (a)   beginning at the beginning of the fund's 1995 - 96 year of income; and

  (b)   ending at the end of the fund's 1997 - 98 year of income;

when the fund was in existence, the historical cost ratio of the fund's in - house assets must not exceed 10%.

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