Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies to a regulated superannuation fund.
(2) If the market value ratio of the fund's in - house assets exceeds 5%, a trustee of the fund must not acquire an in - house asset.
(3) If the market value ratio of the fund's in - house assets does not exceed 5%, a trustee of the fund must not acquire an in - house asset if the acquisition would result in the market value ratio of the fund's in - house assets exceeding 5%.
(4) For the avoidance of doubt, a reference in this section to
acquiring an in - house asset includes a reference to making an investment or
a loan, or entering into a lease or a lease arrangement, if the resulting loan
or investment, or the asset subject to the lease or the lease arrangement,
would be an in - house asset.