Superannuation Industry (Supervision) Regulations 1994

PART 4 - MANAGEMENT AND TRUSTEESHIP OF SUPERANNUATION ENTITIES  

Division 4.2 - Operating standards  

REGULATION 4.11A   OPERATING STANDARD - ACCEPTANCE OF DEPOSITS BY AN APPROVED DEPOSIT FUND  

4.11A(1)   [Application of standard]  

For paragraph 32(2)(aa) of the Act, the standard stated in subregulation (2) is applicable to a registrable superannuation entity that is an approved deposit fund.

4.11A(2)   [Acquisition of units]  

A trustee of the registrable superannuation entity must not accept deposits unless the registrable superannuation entity is registered under Part 2B of the Act.




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