Superannuation Industry (Supervision) Amendment Regulations 2000 (No. 3) (185 of 2000)

Schedule 1   Amendments

[3]   After subregulation 1.04 (5)

insert

(6) The trustee of a unit trust may confirm an intention under paragraph (5) (c) despite anything in the governing rules of the unit trust.

(7) The trustee of a unit trust mentioned in subregulation (6) must inform APRA in writing as soon as practicable after the unit trust ceases to be a PST because paragraph (5) (a) or (b) ceases to apply to the trust.

(8) The trustee may withdraw the confirmation of an intention under paragraph (5) (c) by giving to APRA a notice of the withdrawal that is signed and dated by the trustee.