SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

PART 11A - GENERAL FEES RULES  

SECTION 99B   NO ENTRY FEES  

99B(1)  
The trustee, or the trustees, of a regulated superannuation fund or an approved deposit fund must not charge entry fees.

99B(2)  
An entry fee is a fee, other than a buy-sell spread, that relates, directly or indirectly, to the issuing of a beneficial interest in a superannuation entity to a person who is not already a member of the entity.




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