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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 29XA

Prudential standards dealing with assets attributed to former MySuper products

    A prudential standard determined under section   34C may include provisions:

  (a)   requiring an RSE licensee who is authorised to offer a class of beneficial interest in a regulated superannuation fund as a MySuper product to transfer any asset or assets of the fund that are attributed to the MySuper product into another MySuper product within the fund, or a MySuper product within another fund, if the authority is cancelled under subsection   29U(1); and

  (b)   setting out the requirements that must be met in relation to the transfer of such an asset or assets; and

  (c)   dealing with other matters relating to such an asset or assets.


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