Treasury Laws Amendment (Your Future, Your Super) Act 2021 (46 of 2021)
Schedule 3 Best financial interests duty
Part 1 Main amendments
Superannuation Industry (Supervision) Act 1993
22 Application - burden of proof in proceedings relating to duty to act in best financial interests of beneficiaries
The amendment made by item 20 of this Schedule applies to a contravention of subsection 54B(1) of the Superannuation Industry (Supervision) Act 1993 that occurs on or after the commencement of this item in relation to a covenant set out in paragraph 52(2)(c) of that Act, as amended by this Schedule.
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