69A
CurrentSub‑funds to be treated as funds
Volume 1Parts 1 to 15 (sections 1 to 127)
Part 8In‑house asset rules applying to regulated superannuation funds
Division 1Object and interpretation
Subdivision AGeneral
69A Sub‑funds to be treated as funds
A sub‑fund within a regulated superannuation fund is taken for the purposes of this Part to be a regulated superannuation fund if the sub‑fund satisfies the following conditions:
(a)
the sub‑fund has separately identifiable assets and separately identifiable beneficiaries; and
(b)
the interest of each beneficiary of the sub‑fund is determined by reference only to the conditions governing that sub‑fund.
This Act’s bill:Second reading speech
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