Treasury Laws Amendment (Your Future, Your Super) Act 2021 (46 of 2021)

Schedule 3   Best financial interests duty

Part 1   Main amendments

Superannuation Industry (Supervision) Act 1993

2   Subsection 6(1) (after table item 7)

Insert:

7A

Subsection 34(2A)

offence for breaching standards relating to record keeping obligations

both APRA and ASIC