Superannuation Safety Amendment Act 2004 (53 of 2004)

Schedule 2   Clarification of the application of the law to groups of trustees

Superannuation Industry (Supervision) Act 1993

131   Subsection 104(1)

Repeal the subsection, substitute:

(1) Each trustee of a superannuation entity must ensure that up-to-date records of:

(a) all changes of trustees of the entity; and

(b) all changes of directors of any corporate trustee of the entity; and

(c) all consents given under section 118;

are kept and retained for at least 10 years.