Section 29p sis act
Web24 Sep 2013 · Section 82 of the SIS Act says that if the fund's market value ratio of in-house assets exceeds 5 per cent as at 30 June, the trustees must prepare a written plan that explains how the trustees intend to comply with the 5 per cent limit by disposing of one or more in-house assets over the next 12 months. http://www5.austlii.edu.au/au/legis/cth/consol_act/sia1993473/s29ja.html
Section 29p sis act
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WebProposed extension of SIS limitations on indemnity. The right of superannuation trustees (and the directors) to be indemnified from trust assets, and the ability to exempt liability, is limited under the SIS Act. Specifically, under section 56 of SIS, a provision in the governing rules is void to the extent that it purports to exempt a trustee ... Web10 Apr 2024 · Section 29JCB of the Superannuation Industry (Supervision) Act 1993, as inserted by item 9 of this Schedule, applies where a person begins to hold a controlling stake in an RSE licensee on or after the day that is 3 months after the commencement day.
Web(SIS Act) to impose civil and criminal penalties on directors of RSE licensees who fail to execute their responsibilities to act in the best interests of members, or who use their position to further their own interests to the detriment of members. http://classic.austlii.edu.au/au/legis/cth/consol_act/sia1993473/s29pa.html
WebSUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 29JA Failing to notify breach of licence condition (1) If an RSE licensee becomes aware that: (a) the RSE licensee has breached or will breach a condition imposed on its RSE licence; and (b) the breach is … Web5 Aug 2024 · (1) The requirements in this regulation are prescribed under paragraph 29P(3)(c) of the Act in relation to each annual members’ meeting for a year of income of a registrable superannuation entity. Notice to be made publicly available on website (2) The …
Web2. In this Act —. “associate member” means an associate member of the Board appointed under section 6; the prioritisation of berth slots at a cruise terminal, and the re-allocation of berth bookings between different cruise terminals; the requirements and processes for managing berth bookings; the rejection of berth bookings from a cruise ...
http://www5.austlii.edu.au/au/legis/cth/consol_act/sia1993473/s29ja.html how to set mailbox size limit in outlook 2016WebWhere SMSF trustees breach superannuation law (the SIS Act), the ATO can apply any one or more of the following compliance actions: (a) imposing administrative penalties (b) issuing education directions (c) issuing rectification directions Dung … notebook computer reviews 2017WebSUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 29V. (1) The trustee, or the trustees, of a regulated superannuation fund that offers a MySuper product may only charge fees of one or more of the following kinds in relation to that product: (h) an insurance fee. notebook computer partWeb7 Apr 2024 · The covenant in section 52 (12) of the Superannuation Industry (Supervision) Act 1993 (Cth) ( SIS Act) must be feeling that same sense of bewilderment and neglect. Ever since 2024, when it was moved from section 29VN where it held the spotlight as the centrepiece of the enhanced trustee duties in relation to MySuper products, it has receded ... notebook computer iconWebA trustee may do this if it would objectively be fair to take into account prior existing circumstances. However, this cannot be an “overriding consideration”, and of course if one class of beneficiary were to be seriously prejudiced by the outcome of a decision, that … notebook computer lap deskWeb1 Mar 2024 · An Act to make provision for the supervision of certain entities engaged in the superannuation industry, and for related purposes Administered by: Treasury Incorporated Amendments notebook computer power supplyWeb(the Act) introduced measures to increase the amount and quality of information available to superannuation fund members and other stakeholders. These included amendments to the ‘portfolio holdings disclosure’ regime to ensure that information is available to members … notebook computer printers