Superannuation Industry (Supervision) Act 1993
PART 9
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EQUAL REPRESENTATION OF EMPLOYERS AND MEMBERS
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EMPLOYER-SPONSORED FUNDS
SECTION 92A
WHERE A SECTION 26 APPROVAL CONTAINS A SUBSECTION 92(5) APPROVAL
[ CCH Note: Part 9 has effect, in relation to regulated superannuation funds, and their trustees, as if it were modified by amending s 92 and inserting s 92A and 92B - see Modification Declaration No 10 under s 92 , 92A and 92B .]
[ CCH Note: MODIFICATION DECLARATION No 10 (No GN 28 of 19 July 1995) provides that Pt 9 is to have effect, in relation to regulated superannuation funds, and their trustees, as if it were modified by inserting after s 92 :
Where a section 26 approval contains a subsection 92(5) approval
92A(1)
If (as mentioned in paragraph 92(5)(ca) ) a trustee's approval under section 26 (a `section 26 approval ' ) contains an approval of the trustee for the purposes of subsection 92(5) (a `subsection 92(5) approval ' ):
(a) the Commissioner may specify conditions in the section 26 approval that relate to the subsection 92(5) approval; and
(b) for the purposes of sections 27A , 27B , 28 and 29 , any conditions so specified are taken to be conditions to which the section 26 approval is subject.
92A(2)
A subsection 92(5) approval contained in a section 26 approval may be varied under section 27A or 27B as if it were a condition to which the section 26 approval is subject.
This declaration is taken to have commenced on 1 July 1995.]
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