Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010 (82 of 2010)

Schedule 4   Amendment of other Acts

Part 1   Amendments

Superannuation Industry (Supervision) Act 1993

31   Paragraph 35A(2)(b)

Repeal the paragraph, substitute:

(b) the records are kept either:

(i) in any case - in Australia; or

(ii) in the case of a registrable superannuation entity - in another country if the Regulator gives written approval for the records to be kept in that country, and the conditions (if any) specified in the approval are met; and

Note: The following heading to subsection 35A(1) is inserted "Accounting records must be kept etc.".