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29 Sep 08 SIS determinations for ADI approved guarantees

The following determinations have been made under s 11E(1)(a) of the Superannuation Industry (Supervision) Act 1993 (the SIS Act):

Determination No 1 provides for requirements relating to an approved guarantee given by an approved deposit institution (ADI) in favour of a trustee in circumstances where the trustee is or proposes to be the trustee of registrable superannuation entities and First Home Saver Accounts (FHSA) trusts.

Determination No 2 provides for requirements relating to an approved guarantee given by an ADI in favour of a custodian in circumstances where the custodian acts as custodian for trustees of registrable superannuation entities and FHSA trusts.

For a copy of the Explanatory Material, click on ES/Supp Material.


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