Commonwealth Numbered Acts

OCCUPATIONAL SUPERANNUATION STANDARDS ACT 1987 No. 97, 1987 - SECT 7

7. (1) The regulations may prescribe standards applicable to the operation of
superannuation funds.

(2) The standards that may be prescribed include, but are not limited to,
standards relating to the following matters:

   (a)  the persons who may contribute to superannuation funds;

   (b)  the vesting in members of superannuation funds of benefits arising
        directly or indirectly from amounts contributed to
        superannuation funds;

   (c)  the preservation of benefits arising directly or indirectly from
        amounts contributed to superannuation funds;

   (d)  the payment by superannuation funds of benefits arising directly or
        indirectly from amounts contributed to superannuation funds;

   (e)  the portability of benefits arising directly or indirectly from
        amounts contributed to superannuation funds;

   (f)  the levels of benefits which may be provided by superannuation funds
        and the levels of assets which may be held by superannuation funds;

   (g)  the application by superannuation funds of money no longer required to
        meet payments of benefits to members because the members have ceased
        to be entitled to receive those benefits;

   (h)  the investment of assets of superannuation funds;

   (j)  the number of trustees, and the composition of boards or committees of
        trustees, of superannuation funds;

   (k)  the financial and actuarial reports to be prepared in relation to
        superannuation funds;

   (m)  the disclosure of information to members of superannuation funds;

   (n)  the matters required, permitted or not permitted to be included, from
        time to time, in the trust deeds of superannuation funds.