Commonwealth Numbered Acts

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78, 1993 - SECT 16

16.(1) An employer-sponsor of a regulated superannuation fund is an employer
who:

   (a)  contributes to the fund; or

   (b)  would, apart from a temporary cessation of contributions, contribute
        to the fund; for the benefit of:

   (c)  a member of the fund who is an employee of:

        (i)    the employer; or

        (ii)   an associate of the employer; or

   (d)  the dependants of such a member in the event of the death of the
        member. Standard employer-sponsor

(2) If an employer so contributes, or would contribute, wholly or partly
pursuant to an arrangement between the employer and the trustee of the
regulated superannuation fund concerned, the employer is a standard
employer-sponsor of the fund (as well as being an employer-sponsor of the
fund). If the employer only so contributes, or would contribute, pursuant to
arrangements between the employer and a member or members of the fund, the
employer is not a standard employer-sponsor. Employer-sponsored fund

(3) An employer-sponsored fund is a regulated superannuation fund that has at
least one employer-sponsor. Standard employer-sponsored fund

(4) If a regulated superannuation fund has at least one standard
employer-sponsor, the fund is a standard employer-sponsored fund (as well as
being an employer-sponsored fund). Standard employer-sponsored member

(5) A standard employer-sponsored member is a member of a regulated
superannuation fund in respect of whom an employer-sponsor contributes, or
would contribute, as mentioned in subsection (1) wholly or partly pursuant to
an arrangement between the employer-sponsor and the trustee of the fund.