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%.