Superannuation Industry (Supervision) Act 1993

PART 8 - IN-HOUSE ASSET RULES APPLYING TO REGULATED SUPERANNUATION FUNDS  

Division 1 - Object and interpretation  

Subdivision A - General  

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Heading to Subdiv A inserted by No 199 of 1999.

SECTION 70A   THE REGULATOR MAY DETERMINE A PERSON TO BE A STANDARD EMPLOYER-SPONSOR  

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70A(1)   [Person deemed standard employer-sponsor]  

For the purposes of this Part, the Regulator may determine in writing that a person, who is not a standard employer-sponsor of a regulated superannuation fund within the meaning of subsection 16(2) , is taken to be a standard employer-sponsor of the fund.

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S 70A(1) amended by No 121 of 1999, s 3 and Sch 1 item 78, by substituting ``the Regulator'' for ``APRA'', effective 8 October 1999. For transitional and saving provisions, see the history note under the heading to Pt 24B .

S 70A(1) amended by No 54 of 1998.

70A(2)   [The Regulator to inform trustee]  

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If the Regulator makes a determination under subsection (1) or revokes a determination so made, the Regulator must as soon as practicable after making or revoking the determination, inform a trustee of the regulated superannuation fund concerned, in writing, of the making or revocation of the determination.

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S 70A(2) amended by No 53 of 2004, s 3 and Sch 2 item 96, by substituting ``a trustee'' for ``the trustee'', effective 1 July 2004.

S 70A(2) amended by No 121 of 1999, s 3 and Sch 1 item 78, by substituting ``the Regulator'' for ``APRA'' (wherever occurring), effective 8 October 1999. For transitional and saving provisions, see the history note under the heading to Pt 24B .

S 70A(2) amended by No 54 of 1998.

S 70A inserted by No 144 of 1995.

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