Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.1 - PRELIMINARY  

Division 4 - Meaning of financial service and related terms  

SECTION 766H   MEANING OF SUPERANNUATION TRUSTEE SERVICE  

766H(1)    
A person provides a superannuation trustee service if the person operates a registrable superannuation entity as trustee of the entity.

Note 1: The meaning of person here is affected by section 761FA (about multiple trustees).

Note 2: To determine whether a person to whom the service is provided is a retail client, see subsection 761G(6) .

766H(2)    
However, the following do not constitute the provision of a superannuation trustee service :

(a)    the operation of an exempt public sector superannuation scheme;

(b)    conduct of a kind prescribed by regulations made for the purposes of this paragraph.