Superannuation Industry (Supervision) Legislation Amendment Act 1995 (144 of 1995)
Schedule 4 AMENDMENTS OF THE SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993
51 Subsections 126A(2), (3), (4), (5) and (6)
Omit the subsections, substitute:
Prohibition-responsible officer of body corporate
"(2) A person must not intentionally be, or act as, a responsible officer of a body corporate that is a custodian of a superannuation entity (other than an excluded fund) if the person is, and knows that the person is, a disqualified person.
Penalty: Imprisonment for 2 years.".
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