Superannuation Legislation Amendment (MySuper Measures) Regulation 2013 (155 of 2013)
Schedule 1 Amendments relating to MySuper
Corporations Regulations 2001
12 Clause 101 of Schedule 10 (definition of buy-sell spread )
Repeal the definition, substitute:
buy-sell spread :
(a) for a superannuation product - has the meaning given by subsection 29V(4) of the SIS Act; or
(b) for a managed investment product - means an amount, deducted from the value of a financial product of a product holder, that represents an apportionment, among product holders, of the actual or estimated transaction costs incurred by the managed investment scheme.
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