Superannuation Industry (Supervision) Regulations 1994
View history note
Hide history noteThe trustee of an accumulation fund or an approved deposit fund that maintains reserves must determine the investment return to be credited or debited from time to time to a member ' s benefit (or benefits of a particular kind) in the fund, having regard to:
(a) the return to the fund on investments; and
(b) the extent to which the costs of the fund exceed (or fall below) the aggregate of the costs charged to member ' s benefits under regulation 5.02 ; and
(c) the level of the reserves of the entity.
5.03(2)
Subject to regulation 5.01B and Division 6.1 , the trustee of a regulated superannuation fund or an approved deposit fund must determine the investment return to be credited or debited to a member ' s benefits (or benefits of a particular kind) in a way that is fair and reasonable as between:
(a) all the members of the fund; and
(b) the various kinds of benefits of each member of the fund.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
