Superannuation Industry (Supervision) Act 1993

PART 8 - IN-HOUSE ASSET RULES APPLYING TO REGULATED SUPERANNUATION FUNDS  

Division 3A - Limit on in-house assets of certain defined benefit funds  

SECTION 83D   LIMIT ON IN-HOUSE ASSETS  

83D(1)   [Prescribed percentage of base amount]  

The market value of the fund's in-house assets (other than shares in the capital of listed public companies) at the end of a year of income must not exceed the prescribed percentage of the base amount in relation to the fund at that time.

83D(2)   [5% of voting shares]  

The fund's in-house assets at the end of a year of income must not include more than 5% of the voting shares in any listed public company that is the employer-sponsor or is an associate of the employer-sponsor.