SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 99B No entry fees
SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 99B
No entry fees(1) The trustee, or the trustees, of a regulated superannuation fund or an approved deposit fund must not charge entry fees.
(2) An entry fee is a fee, other than a buy - sell spread, that
relates, directly or indirectly, to the issuing of a beneficial interest in a
superannuation entity to a person who is not already a member of the entity.