Schedule 1—Trustee obligations
Superannuation Industry (Supervision) Act 1993
1 Subsection 10(1)
Insert:
enhanced director obligations, for MySuper products, means the obligations imposed by:
(a) section 29VO; and
(b) covenants prescribed under section 54A that are specified in the regulations as forming part of the enhanced director obligations.
2 Subsection 10(1)
Insert:
enhanced trustee obligations, for MySuper products, means the obligations imposed by:
(a) covenants referred to in section 52, as enhanced by the obligations imposed under section 29VN; and
(b) covenants prescribed under section 54A that are specified in the regulations as forming part of the enhanced trustee obligations.
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