Superannuation Industry (Supervision) Act 1993
PART 11
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PROVISIONS APPLYING ONLY TO POOLED SUPERANNUATION TRUSTS
SECTION 98
98
LENDING TO UNIT-HOLDERS PROHIBITED
The trustee or an investment manager of a pooled superannuation trust must not:
(a) lend money of the trust to a beneficiary of the trust; or
(b) give any other financial assistance using the resources of the trust to a beneficiary of the trust.
The trustee or an investment manager of a pooled superannuation trust must not:
(a) lend money of the trust to a beneficiary of the trust; or
(b) give any other financial assistance using the resources of the trust to a beneficiary of the trust.
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