Document ID: chunk:federal_register_of_legislation:C2025C00134:section:83b
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 83B
Character Range: 537585–538396

83B  Application of Division
 (1) This Division applies to a superannuation fund in respect of the fund's 1998‑99 year of income or a later year of income if, and only if:
 (a) the fund is a defined benefit fund; and
 (b) at the end of that year of income the employer‑sponsor was a listed public company or an associate of a listed public company; and
 (c) the market value of the fund's assets at the end of that year of income was not less than the base amount in relation to the fund at that time; and
 (d) the trustee, or the trustees, of the fund have decided that this Division is to apply to the fund in respect of that year of income.
 (2) If the trustee, or the trustees, of the fund make a decision referred to in paragraph (1)(d), each trustee must ensure that the decision is recorded in writing.