Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Act 2012 (171 of 2012)

Schedule 1   Fees and costs

Part 1   Amendments

Superannuation Industry (Supervision) Act 1993

38   After section 33

Insert:

33A Relationship between operating standards, this Act and the regulations

(1) A standard applicable to the operation of a superannuation entity may be prescribed that elaborates, supplements or otherwise deals with any aspect of:

(a) a matter relating to the operation of the entity to which a covenant referred to in sections 52 to 53 or prescribed under section 54A relates; or

(b) a matter relating to the operation of the entity to which a provision of this Act or another provision of the regulations relates.

(2) However, a standard applicable to the operation of a superannuation entity is of no effect to the extent that it conflicts with this Act.