Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Act 2010 (82 of 2010)
Schedule 4 Amendment of other Acts
Part 1 Amendments
Superannuation Industry (Supervision) Act 1993
36 At the end of section 263
(3) To avoid doubt, this section applies to a superannuation entity, in the same way as this section applies to any other superannuation entity, if either of the following apply:
(a) the superannuation entity is wound up, dissolved or terminated;
(b) the trustee of the superannuation entity is or becomes:
(i) if the trustee is a body corporate - an externally-administered body corporate (within the meaning of theCorporations Act 2001); or
(ii) if the trustee is an individual - insolvent under administration.
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