Taxation Laws Amendment Act (No. 3) 1993 (118 of 1993)

Part 11   AMENDMENT OF THE SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993

158   Interpretation

Section 10 of the Principal Act is amended by omitting paragraph (a) of the definition of "approved purposes" and substituting the following paragraph:

"(a) receiving on deposit:

(i) amounts that will be taken by section 27D of the Income Tax Assessment Act to be expended out of eligible termination payments within the meaning of that section; and

(ii) amounts paid under Part 24 of this Act; and

(iii) amounts paid under section 65 of the Superannuation Guarantee (Administration) Act 1992; and".