Document ID: chunk:federal_register_of_legislation:C2019A00040:clause:3_54c
Version: federal_register_of_legislation:C2019A00040
Segment Type: clause
Provision Reference: sch 3 cl 54C
Character Range: 15183–15689

54C  Other covenants must not be contravened
 (1) A person must not contravene any other covenant contained, or taken to be contained, in the governing rules of a superannuation entity.
 (2) A contravention of subsection (1) is not an offence.
 (3) A contravention of subsection (1) does not result in the invalidity of a transaction.
 (4) This section does not limit the operation of section 55.
Note: A contravention of subsection (1) may result in an action to recover loss or damage under section 55.