Commonwealth Numbered Acts

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78, 1993 - SECT 72

72.(1) For the purposes of this section, a standard employer-sponsor (the

"first employer-sponsor") of a superannuation fund is an unrelated
employer-sponsor of the fund if, and only if, there is no other standard
employer-sponsor of the fund who is an associate of the first
employer-sponsor. Corresponding classes of in-house assets

(2) For the purposes of this section, the class of the in-house assets of a
fund that corresponds to a particular unrelated employer-sponsor is the class
of in-house assets that consists of loans to, or investments in, the
employer-sponsor or an associate of the employer-sponsor. Part applies
separately in relation to each unrelated employer-sponsor

(3) If there are 2 or more unrelated employer-sponsors of a superannuation
fund:

   (a)  this Part does not apply in relation to the fund in relation to the
        in-house assets of the fund as a whole but, instead, applies in
        relation to the fund separately in relation to each of the 2 or more
        corresponding classes of in-house assets of the fund; and

   (b)  for the purposes of this Part as so applying in relation to each of
        the 2 or more corresponding classes of in-house assets of the fund,
        that corresponding class of in-house assets is to be treated as the
        whole of the in-house assets of the fund.