Superannuation Industry (Supervision) Act 1993

E574446

The Superannuation Industry (Supervision) Act 1993 is a key Australian law that sets prudential and governance standards for superannuation funds to protect members’ retirement savings.

All labels observed (1)

Label Occurrences
Superannuation Industry (Supervision) Act 1993 canonical 2

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf Australian federal statute ⓘ
superannuation law ⓘ
administeredBy Australian Prudential Regulation Authority ⓘ
Australian Securities and Investments Commission ⓘ
Australian Taxation Office ⓘ
appliesTo approved deposit funds ⓘ
pooled superannuation trusts ⓘ
regulated superannuation funds ⓘ
self managed superannuation funds ⓘ
commencedInDecade 1990s ⓘ
contains Part 6 dealing with self managed superannuation funds ⓘ
civil penalty provisions ⓘ
criminal offence provisions ⓘ
provisions on investment restrictions ⓘ
provisions on reporting and disclosure ⓘ
provisions on trustee duties ⓘ
country Australia ⓘ
enforcedBy Australian Prudential Regulation Authority ⓘ
Australian Securities and Investments Commission ⓘ
Australian Taxation Office ⓘ
establishes conditions of release for superannuation benefits ⓘ
covenants deemed into governing rules of funds ⓘ
governance standards for superannuation ⓘ
prudential standards for superannuation ⓘ
rules for in‑house assets ⓘ
rules for related party transactions ⓘ
sole purpose test for superannuation funds ⓘ
focusesOn protection of members’ benefits ⓘ
prudential soundness of superannuation funds ⓘ
jurisdiction Commonwealth of Australia ⓘ
primaryPurpose protect superannuation members’ retirement savings ⓘ
regulate superannuation funds ⓘ
set governance standards for superannuation ⓘ
set prudential standards for superannuation ⓘ
regulates approved deposit funds ⓘ
pooled superannuation trusts ⓘ
self managed superannuation funds ⓘ
superannuation funds ⓘ
relatedTo Income Tax Assessment Act 1997 ⓘ
Superannuation Guarantee (Administration) Act 1992 ⓘ
requires annual audit of superannuation funds ⓘ
appointment of an approved auditor ⓘ
compliance with operating standards ⓘ
trustee to act in best interests of members ⓘ
trustee to formulate and give effect to an investment strategy ⓘ
trustee to keep proper records ⓘ
sector retirement income system ⓘ
shortName SIS Act ⓘ
yearEnacted 1993 ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

AustralianSuper → regulatoryFramework → Superannuation Industry (Supervision) Act 1993 ⓘ
Australian Financial System → hasRegulatoryFramework → Superannuation Industry (Supervision) Act 1993 ⓘ
subject linked to: The Australian Financial System