Superannuation Industry (Supervision) Act 1993
PART 8
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IN-HOUSE ASSET RULES APPLYING TO REGULATED SUPERANNUATION FUNDS
Division 1
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Object and interpretation
Subdivision A
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General
A sub-fund within a regulated superannuation fund is taken for the purposes of this Part to be a regulated superannuation fund if the sub-fund satisfies the following conditions:
(a) the sub-fund has separately identifiable assets and separately identifiable beneficiaries; and
(b) the interest of each beneficiary of the sub-fund is determined by reference only to the conditions governing that sub-fund.
SECTION 69A
69A
SUB-FUNDS TO BE TREATED AS FUNDS
A sub-fund within a regulated superannuation fund is taken for the purposes of this Part to be a regulated superannuation fund if the sub-fund satisfies the following conditions:
(a) the sub-fund has separately identifiable assets and separately identifiable beneficiaries; and
(b) the interest of each beneficiary of the sub-fund is determined by reference only to the conditions governing that sub-fund.
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