Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10_218
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10 cl 218
Character Range: 2197046–2198614

218  Administration fees and investment fees for a superannuation product

Administration fees
 (1) The example of administration fees for a MySuper product or an investment option offered by a superannuation entity is applied to an amount of $50 000 or an amount that is a multiple of $50 000 if clause 215 applies.
Note: In calculating the amount, do not include contributions that may be made during the year.
 (2) If there is a range in the amount of administration fees that may be charged for a MySuper product or an investment option offered by a superannuation entity, the example must use the highest administration fees in the range.

Investment fees
 (3) The example of investment fees for a MySuper product or an investment option offered by a superannuation entity is applied to an amount of $50 000 or an amount that is a multiple of $50 000 if clause 215 applies.
Note: In calculating the amount, do not include contributions that may be made during the year.
 (4) If there is a range in the amount of investment fees that may be charged for a MySuper product or an investment option offered by a superannuation entity, the example must use the highest investment fees in the range.

Indirect costs for a MySuper product or investment option
 (5) The example of indirect costs for a MySuper product or an investment option offered by a superannuation entity must be worked out by applying the indirect cost ratio for the MySuper product or the investment option to an amount of $50,000 or an amount that is a multiple of $50,000 if clause 215 applies.