SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

PART 20 - ADMINISTRATIVE DIRECTIONS AND PENALTIES FOR CONTRAVENTIONS RELATING TO SELF MANAGED SUPERANNUATION FUNDS  

Division 1 - Object and scope of this Part  

SECTION 157   157   OBJECT OF THIS PART  


The object of this Part is to provide administrative consequences for contraventions of this Act or the regulations that relate to self managed superannuation funds. This Part:


(a) allows the Regulator to give rectification directions and education directions; and


(b) imposes administrative penalties for certain contraventions.




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