Superannuation Industry (Supervision) Amendment Regulations 2007 (No. 5) (343 of 2007)

Schedule 1   Amendments commencing on commencement of Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007

[17]   Subsection 11.07 (3)

substitute

(3) For subsections 31 (1), 32 (1) and 33 (1) of the Act, it is a standard applicable to the operation of a superannuation entity that the trustee must give notice in writing to the Regulator, in accordance with subregulation (4), of:

(a) a decision or resolution to wind up the entity; or

(b) a decision or resolution to retire as a trustee of the entity.