Document ID: chunk:federal_register_of_legislation:F2020C00740:reg:59
Version: federal_register_of_legislation:F2020C00740
Segment Type: reg
Provision Reference: reg 59
Character Range: 50062–50821

59  Investment of amounts held as MySuper products
 (1) CSC must ensure that amounts held under this instrument as a MySuper product, in respect of ADF Super members and non‑member spouses, are invested in accordance with a single diversified investment strategy.
 (2) For the purposes of subsection (1), CSC may adopt a single diversified investment strategy that allows gains and losses from different classes of assets of the ADF Super Fund to be streamed to different subclasses of the ADF Super members and non‑member spouses who hold a MySuper product, in respect of their MySuper product, on the basis of their ages or some other basis that is permitted as a lifecycle exception within the meaning of the SIS Act.

Division 2—Incorrectly paid amounts