Superannuation Industry (Supervision) Act 1993

PART 8 - IN-HOUSE ASSET RULES APPLYING TO REGULATED SUPERANNUATION FUNDS  

Division 2 - Historical cost ratio of fund's in-house assets  

SECTION 76   PRIVATE SECTOR FUNDS ESTABLISHED ON OR AFTER 12 MARCH 1985 - HISTORICAL COST RATIO FOR THE 1994-95 YEAR OF INCOME  

76(1)   [ Application of section ]  

This section applies to a regulated superannuation fund, if the fund is a private sector fund established on or after 12 March 1985.

76(2)   [ Historical cost ratio ]  

At all times during the fund's 1994-95 year of income when the fund was in existence, the historical cost ratio of the fund's in-house assets must not exceed 10 % .