Superannuation Safety Amendment Act 2004 (53 of 2004)

Schedule 1   Licensing, registration and amalgamation

Part 2   Amendments commencing second

Superannuation Industry (Supervision) Act 1993

81   At the end of section 142

Add:

(9) Subsection (8) does not apply to an instrument relating to an appointment under this Part of a person as a trustee of a superannuation entity if the appointment arose because of the removal, under paragraph 133(1)(c), of another trustee that:

(a) was an approved trustee at any time during the licensing transition period; and

(b) was not an RSE licensee at the end of that period.