S 147 repealed by No 123 of 2001, s 3 and Sch 1 item 327, effective 11 March 2002. S 147 formerly read:
SECTION 147 MISLEADING CONDUCT BY TRUSTEES OF ENTITIES
This section applies if the trustee of a superannuation entity is dealing with:
a beneficiary of that entity as such a beneficiary; or
an employer-sponsor, or an associate of an employer-sponsor, of that entity as such an employer-sponsor or associate.
When so dealing with the beneficiary, employer-sponsor or associate, the trustee must not engage in conduct that is:
likely to mislead.
A contravention of subsection (2) is not an offence, but it may give rise to civil liability under section 148.