SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 9.04B Sub - funds to be treated as funds

SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 9.04B

    A sub - fund within a defined benefit fund is taken, for the purposes of this Division, to be a defined benefit fund if the sub - fund satisfies the following conditions:

  (a)   the sub - fund has separately identifiable assets and separately identifiable beneficiaries;

  (b)   the interest of each beneficiary of the sub - fund is determined by reference only to the conditions governing that sub - fund.