Superannuation Industry (Supervision) Regulations 1994

PART 5 - BENEFIT PROTECTION STANDARDS  

Division 5.1 - Preliminary  

REGULATION 5.01A  

5.01A   OPERATING STANDARDS - DETERMINATION OF COSTS AND INVESTMENT RETURN  
For the purposes of subsections 31(1) and 32(1) of the Act:

(a) the standard set out in subregulations 5.02(1) and (3) , 5.02B(2) , 5.02C(2) and 5.03(2) is applicable to the operation of regulated superannuation funds and approved deposit funds; and

(b) the standard set out in subregulation 5.03(1) is applicable to the operation of:

(i) accumulation funds; and

(ii) approved deposit funds;

that maintain reserves.