Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 29K

Object etc. of this Part

  (1)   The object of this Part   is to provide for the registration of registrable superannuation entities.

  (2)   Registration is significant because an RSE licensee may breach the licence condition imposed by paragraph   29E(1)(d) if a registrable superannuation entity of which it is the RSE licensee is not registered.

Note:   Breach of a licence condition may lead to consequences such as a direction from APRA to comply with the condition (see paragraph   131D(2)(b)) or cancellation of the licence (see section   29G).


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