Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)

Schedule 5   Self-managed superannuation funds

Superannuation Industry (Supervision) Act 1993

10   At the end of section 10

Add:

(4) Treat an entity that is a superannuation fund as a self managed superannuation fund for the purposes of sections 6, 42 and 42A if:

(a) it has ceased being a self managed superannuation fund for the purposes of the rest of this Act; and

(b) the trustee of the fund is not an RSE licensee.