SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 4.10 Operating standard--investment by non - complying superannuation funds
SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 4.10
Operating standard--investment by non - complying superannuation funds For the purposes of subsection 31(1) of the Act, it is a
standard applicable to the operation of regulated superannuation funds that,
if the Regulator gives a notice to the trustee of an entity stating that the
entity is not a complying superannuation fund, the trustee must take all
reasonable steps to immediately dispose of any units held by the trustee in a
PST, unless the Regulator otherwise directs.