5.01A
CurrentOperating standards—determination of costs and investment return
Volume 1Parts 1 to 14 (regulations 1.01 to 14.39)
Part 5Benefit protection standards
Division 5.1Preliminary
5.01A Operating standards—determination of costs and investment return
For the purposes of subsections 31(1) and 32(1) of the Act:
(a)
the standard set out in subregulations 5.02(1) and (3), 5.02B(2), 5.02C(2) and 5.03(2) is applicable to the operation of regulated superannuation funds and approved deposit funds; and
(b)
the standard set out in subregulation 5.03(1) is applicable to the operation of:
(i)
accumulation funds; and
(ii)
approved deposit funds;
that maintain reserves.
This Act’s bill:Explanatory statement
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