Superannuation Legislation Amendment Act (No. 4) 1999 (199 of 1999)

Schedule 1  

12   Paragraphs 66(2)(a), (b) and (c)

Repeal the paragraphs, substitute:

(a) the asset is a listed security acquired at market value; or

(b) if the fund is a superannuation fund with fewer than 5 members - the asset is business real property of the related party acquired at market value; or

(c) the trustee of a regulated superannuation fund acquired the asset under a merger between regulated superannuation funds; or

(d) the asset is an asset of a kind which the Regulator, by written determination, determines may be acquired by:

(i) any fund; or

(ii) a class of funds in which the fund is included.