SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

PART 11A - GENERAL FEES RULES  

SECTION 99BA   NO EXIT FEES  

99BA(1)  
The trustee, or the trustees, of a regulated superannuation fund or an approved deposit fund must not charge exit fees, except in circumstances prescribed by the regulations.

99BA(2)  
An exit fee is a fee, other than a buy-sell spread, that relates to the disposal of all or part of a member ' s interests in a superannuation entity.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.