Superannuation Industry (Supervision) Regulations 1994

PART 9 - FINANCIAL MANAGEMENT OF FUNDS  

Division 9.2B - Provision of defined benefit pensions  

REGULATION 9.04G  

9.04G   SUB-FUNDS TO BE TREATED AS FUNDS  

A sub-fund within a regulated superannuation fund is taken, for the purposes of this Division, to be a regulated superannuation fund if the sub-fund satisfies the following conditions:

(a) the sub-fund has separately identifiable assets and separately identifiable beneficiaries;

(b) the interest of each beneficiary of the sub-fund is determined by reference only to the conditions governing that sub-fund.