Superannuation Industry (Supervision) Amendment (Your Future, Your Super - Addressing Underperformance in Superannuation) Regulations 2023 (F2023L01063)
Schedule 1 Main amendments
Superannuation Industry (Supervision) Regulations 1994
62 Subregulation 9AB.24(1)
Insert:
applicable cost amount means:
(a) where it is possible to identify the Part 6A product's applicable transaction costs in relation to the relevant year from information available to APRA - means the applicable transaction costs; or
(b) otherwise - means the applicable indirect cost ratio.
applicable transaction costs has the meaning given by subregulation (4).
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