Superannuation Industry (Supervision) Act 1993
View history note
Hide history noteAn RSE licensee has power to comply with a direction given to the RSE licensee under this Act despite anything in its constitution or any contract or arrangement to which it is a party.
131FA(2)
If the direction requires the RSE licensee to cause a connected entity to do, or not to do, something:
(a) the RSE licensee has power to cause the connected entity to do, or to not to do, the thing; and
(b) the connected entity has power to do, or not to do, the thing;
despite anything in the connected entity ' s constitution or any contract or arrangement to which the connected entity is a party.
131FA(3)
A connected entity of an RSE licensee has power to comply with a direction given to the connected entity under this Act despite anything in its constitution or any contract or arrangement to which it is a party.
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