Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Act 2012 (117 of 2012)
Schedule 1 Trustee obligations
Superannuation Industry (Supervision) Act 1993
19 Paragraph 58(2)(d)
Repeal the paragraph, substitute:
(d) a direction given by a beneficiary to take up, dispose of or alter the amount invested in an investment option, where:
(i) the entity is a registrable superannuation entity; and
(ii) the direction is given in circumstances prescribed by the regulations for the purposes of this paragraph; or
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