Superannuation Industry (Supervision) Amendment Regulations 2000 (No. 1) (119 of 2000)

Schedule 1   Amendments

[2]   After subregulation 1.04AA (2)

insert

(3) For the purposes of paragraph 17A (8) (b) of the Act, a class of persons is a specified class if it comprises persons each of whom is a member of a superannuation fund in relation to which the following circumstances exist:

(a) the person is the employer, but not a relative, of a member of the fund (the employee );

(b) another member is the employer, and a relative, of that employee.