Document ID: chunk:federal_register_of_legislation:C2025C00134:section:84
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 84
Character Range: 539674–540400

84  In‑house asset rules must be complied with
 (1) Each trustee of a regulated superannuation fund must take all reasonable steps to ensure that the provisions of Division 2, and either Division 3 or 3A (whichever is applicable), are complied with.
Note: Section 166 imposes an administrative penalty for a contravention of subsection (1) in relation to a self managed superannuation fund.
 (2) Subsection (1) is a civil penalty provision as defined by section 193, and Part 21 therefore provides for civil and criminal consequences of contravening, or of being involved in a contravention of, that subsection.
 (3) A contravention of subsection (1) does not affect the validity of a transaction.

Division 5—Anti‑avoidance