Treasury Laws Amendment (Protecting Your Superannuation Package) Regulations 2019 (F2019L00539)

Schedule 1   Amendments

Part 1   Amendments

Corporations Regulations 2001

15   Clause 209A of Schedule 10

Omit:

Exit fees

An exit fee is a fee to recover the costs of disposing of all or part of the members' interests in the superannuation entity.

substitute:

Exit fees

An exit fee is a fee, other than a buy-sell spread, that relates to the disposal of all or part of a member's interests in a superannuation entity.