Document ID: chunk:federal_register_of_legislation:C2025C00134:section:83
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 83
Character Range: 533746–534627

83  Certain new in‑house asset investments prohibited
 (1) This section applies to a regulated superannuation fund.
 (2) If the market value ratio of the fund's in‑house assets exceeds 5%, a trustee of the fund must not acquire an in‑house asset.
 (3) If the market value ratio of the fund's in‑house assets does not exceed 5%, a trustee of the fund must not acquire an in‑house asset if the acquisition would result in the market value ratio of the fund's in‑house assets exceeding 5%.
 (4) For the avoidance of doubt, a reference in this section to acquiring an in‑house asset includes a reference to making an investment or a loan, or entering into a lease or a lease arrangement, if the resulting loan or investment, or the asset subject to the lease or the lease arrangement, would be an in‑house asset.

Division 3A—Limit on in‑house assets of certain defined benefit funds