Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Act 2012 (117 of 2012)

Schedule 1   Trustee obligations

Superannuation Industry (Supervision) Act 1993

2   Subsection 10(1)

Insert:

enhanced trustee obligations , for MySuper products, means the obligations imposed by:

(a) covenants referred to in section 52, as enhanced by the obligations imposed under section 29VN; and

(b) covenants prescribed under section 54A that are specified in the regulations as forming part of the enhanced trustee obligations.