Superannuation Industry (Supervision) Act 1993

PART 23 - FINANCIAL ASSISTANCE TO CERTAIN FUNDS  

Division 3 - Repayment of financial assistance  

SECTION 240  

240   REPAYABLE GRANT TO HAVE PRIORITY OVER OTHER DEBTS  

Despite any other law of the Commonwealth or any law of a State or Territory, an amount payable to the Commonwealth by a trustee of a fund under section 238 has priority over all other debts (whether preferential, secured or unsecured).