Commonwealth Numbered Acts

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78, 1993 - SECT 13

13. For the purposes of this Act:

   (a)  a fund, scheme or trust has a single corporate trustee if, and only
        if, there is only one trustee of the fund, scheme or trust and that
        trustee is a corporate trustee; and

   (b)  a fund, scheme or trust has a single individual trustee if, and only
        if, there is only one trustee of the fund, scheme or trust and that
        trustee is an individual trustee; and

   (c)  a fund, scheme or trust has a group of 2 or more individual trustees
        if, and only if, the fund, scheme or trust has 2 or more trustees and
        each trustee is an individual.