Document ID: chunk:federal_register_of_legislation:C2004A00588:clause:1_28
Version: federal_register_of_legislation:C2004A00588
Segment Type: clause
Provision Reference: sch 1 cl 28
Character Range: 14733–15782

28  At the end of subsection 71(1)
Add:
 ; or (g) if the superannuation fund has fewer than 5 members—real property subject to a lease, or to a lease arrangement enforceable by legal proceedings, between the trustee of the fund and a related party of the fund, if, throughout the term of the lease or lease arrangement, the property is business real property of the fund (within the meaning of subsection 66(5)); or
 (h) an investment in a widely held unit trust; or
 (i) property owned by the superannuation fund and a related party as tenants in common, other than property subject to a lease or lease arrangement between the trustee of the fund and a related party; or
 (j) an asset included in a class of assets specified in the regulations:
 (i) not to be in‑house assets of any fund; or
 (ii) not to be in‑house assets of a class of funds to which the fund belongs.
  For this purpose, a class of assets may consist of, but is not limited to, assets that are investments in entities that undertake, or do not undertake, specified activities.