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SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 4.11A Operating standard--acceptance of deposits by an approved deposit fund

SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 4.11A

Operating standard--acceptance of deposits by an approved deposit fund

  (1)   For paragraph   32(2)(aa) of the Act, the standard stated in subregulation   (2) is applicable to a registrable superannuation entity that is an approved deposit fund.

  (2)   A trustee of the registrable superannuation entity must not accept deposits unless the registrable superannuation entity is registered under Part   2B of the Act.

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