Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For subsection 31(1) of the Act, the standard stated in subregulation (2) applies to the operation of regulated superannuation funds.
(2) A trustee of a regulated superannuation fund that is a self managed superannuation fund must keep the money and other assets of the fund separate from any money and assets, respectively:
(a) that are held by the trustee personally; or
(b) that are money or assets, as the case may be, of a standard
employer - sponsor, or an associate of a standard employer - sponsor, of the
fund.