Commonwealth Numbered Acts

RETIREMENT SAVINGS ACCOUNTS ACT 1997 No. 61, 1997 - SECT 39

Standards must be complied with

(1) An RSA provider must ensure that the prescribed standards applicable to
the operation of the RSA provider are complied with at all times.

Offence

(2) A person who intentionally or recklessly contravenes subsection (1) is
guilty of an offence punishable on conviction by a fine not exceeding 100
penalty units.

Validity of transaction not affected by contravention of subsection (1)

(3) A contravention of subsection (1) does not affect the validity of a
transaction.