Document ID: chunk:federal_register_of_legislation:C2022C00095:section:24:p2
Version: federal_register_of_legislation:C2022C00095
Segment Type: section
Provision Reference: s 24 (pt 2/2)
Character Range: 78356–79510

that period:
 (a) the employer:
 (i) is the trustee or manager of the scheme; or
 (ii) has an association, within the meaning of section 318 of the Income Tax Assessment Act 1936, with the trustee or the manager of the scheme; and
 (b) the employer has reasonable grounds for believing that the scheme is not a resident regulated superannuation fund within the meaning of the Superannuation Industry (Supervision) Act 1993 or is operating in contravention of a regulatory provision, as defined in section 38A of that Act.
 (4A) Section 39 of the Superannuation Industry (Supervision) Act 1993 applies for the purposes of subsection (4) of this section in a corresponding way to the way in which it applies for the purposes of Division 2 of Part 5 of that Act.
 (5) In this section:
starting day means:
 (a) in relation to a benefit certificate that has effect in relation to a superannuation scheme for the whole of a quarter—the first day of the quarter; or
 (b) in relation to a benefit certificate that has effect in relation to a superannuation scheme for a part of a quarter—the first day in the quarter for which the benefit certificate has effect.