Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 98

Lending to unit - holders prohibited

    The trustee or an investment manager of a pooled superannuation trust must not:

  (a)   lend money of the trust to a beneficiary of the trust; or

  (b)   give any other financial assistance using the resources of the trust to a beneficiary of the trust.

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