OCCUPATIONAL SUPERANNUATION STANDARDS REGULATIONS 1987 (REPEALED)

PART I - PRELIMINARY  

REGULATION 3A   MEANING OF POOLED SUPERANNUATION TRUST  

3A(1)   [ Application ]  

The definition of pooled superannuation trust in subsection 3(1) of the Act applies to a unit trust that is:

(a) used only for investing the assets of:

(i) a superannuation fund; or

(ii) an approved deposit fund; or

(iii) a life assurance company (within the meaning of Division 8 of Part III of the Tax Act) that are assets of a tax-advantaged insurance fund (within the meaning of section 111B of the Tax Act); or

(iv) a registered organisation (within the meaning of Division 8A of Part III of the Tax Act) solely for the tax-advantaged business (within the meaning of section 116GC of the Tax Act) of the organisation; or

(v) an exempt entity within the meaning of subparagraph (a), (c) or (d) of the definition of exempt entity in section 102M of the Tax Act; and

(b) a resident unit trust within the meaning of section 102H of the Tax Act.

3A(2)   [ Units of another PST ]  

Subregulation (1) does not prevent the trustees of a pooled superannuation trust from holding the units of another pooled superannuation trust.