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24 Jun 10 Superannuation Industry (Supervision) Amendment Bill 2010 awaits Royal Assent

On 24 June 2010, the Senate passed Superannuation Industry (Supervision) Amendment Bill 2010 without amendment.

The Bill amends the Superannuation Industry (Supervision) Act 1993 to ensure superannuation fund assets are protected in the event of a default on a limited recourse borrowing arrangement.

The Bill now awaits Royal Assent.

 


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