Commonwealth Consolidated Regulations

SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994 - REG 5.01A

    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.