78
CurrentPublic sector funds established on or after 1 July 1990—historical cost ratio for the 1994‑95 year of income
Volume 1Parts 1 to 15 (sections 1 to 127)
Part 8In‑house asset rules applying to regulated superannuation funds
Division 2Historical cost ratio of fund’s in‑house assets
78 Public sector funds established on or after 1 July 1990—historical cost ratio for the 1994‑95 year of income
(1)
This section applies to a regulated superannuation fund, if the fund is a public sector fund established on or after 1 July 1990.
(2)
At all times during the fund’s 1994‑95 year of income when the fund was in existence, the historical cost ratio of the fund’s in‑house assets must not exceed 10%.
This Act’s bill:Second reading speech
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