SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

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

Division 1 - Object and interpretation  

Subdivision A - General  

SECTION 70A   THE REGULATOR MAY DETERMINE A PERSON TO BE A STANDARD EMPLOYER-SPONSOR  

70A(1)   [Person deemed standard employer-sponsor]  

For the purposes of this Part, the Regulator may determine in writing that a person, who is not a standard employer-sponsor of a regulated superannuation fund within the meaning of subsection 16(2) , is taken to be a standard employer-sponsor of the fund.

70A(2)   [The Regulator to inform trustee]  

If the Regulator makes a determination under subsection (1) or revokes a determination so made, the Regulator must as soon as practicable after making or revoking the determination, inform a trustee of the regulated superannuation fund concerned, in writing, of the making or revocation of the determination.




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