Superannuation Legislation Amendment Act (No. 3) 1999 (121 of 1999)
Schedule 1 Amendment of the Superannuation Industry (Supervision) Act 1993 relating to self managed superannuation funds
Part 1 Regulation of self managed superannuation funds
28 At the end of subsection 21(2)
Add:
; (c) a person must not be the trustee of a superannuation fund with fewer than 5 members (other than a self managed superannuation fund) unless the person is an approved trustee.