Superannuation Industry (Supervision) Regulations 1994

REGULATION 3.09B CIRCUMSTANCES IN WHICH A PERSON MAY BECOME A STANDARD EMPLOYER-SPONSOR (ACT, S 153(2)(b))  
3.09B
For the purposes of paragraph 153(2)(b) of the Act, the circumstance is specified that:

(a) the person who becomes a standard employer-sponsor without having made an eligible application was a standard employer-sponsor of a fund (``the original fund''); and

(b) the benefits of members in the original fund are transferred to a successor fund; and

(c) the person was a standard employer-sponsor of the original fund immediately before those benefits are so transferred; and

(d) the person is a standard employer-sponsor of the successor fund immediately after those benefits are so transferred.