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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78, 1993 - SECT 229
Application for assistance
229.(1) If:
(a) a fund suffers a loss as a result of fraudulent conduct or theft that
occurs after the commencement of this Part; and
(b) the loss has caused substantial diminution of the fund leading to
difficulties in the payment of benefits; the trustee may apply to the
Minister for a grant of financial assistance for the fund.
(2) The application must be in writing and be accompanied by such information
as the Minister determines.
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