9.04G
CurrentSub‑funds to be treated as funds
Volume 1Parts 1 to 14 (regulations 1.01 to 14.39)
Part 9Financial management of funds
Division 9.2BProvision of defined benefit pensions
9.04G Sub‑funds to be treated as funds
A sub‑fund within a regulated superannuation fund is taken, for the purposes of this Division, 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;
(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:Explanatory statement
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