Superannuation Industry (Supervision) Act 1993
PART 1
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PRELIMINARY
Division 2
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Interpretation
SECTION 14
14
INDEFINITELY CONTINUING FUND
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APPLICATION OF RULES AGAINST PERPETUITIES
If the governing rules of a fund contain a provision the purpose of which is to avoid a breach of a rule of law relating to perpetuities, that provision does not prevent the fund from being treated as an indefinitely continuing fund for the purposes of the definition of approved deposit fund or superannuation fund in section 10 .
If the governing rules of a fund contain a provision the purpose of which is to avoid a breach of a rule of law relating to perpetuities, that provision does not prevent the fund from being treated as an indefinitely continuing fund for the purposes of the definition of approved deposit fund or superannuation fund in section 10 .
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