Document ID: chunk:federal_register_of_legislation:C2021A00046:clause:2_8
Version: federal_register_of_legislation:C2021A00046
Segment Type: clause
Provision Reference: sch 2 cl 8
Character Range: 23018–23532

8  At the end of section 52
Add:

Covenants relating to regulated superannuation funds—failing annual performance assessments
 (14) If the entity is a regulated superannuation fund (other than a regulated superannuation fund with fewer than 5 members), the covenants referred to in subsection (1) include the following covenants by each trustee of the entity:
 (a) to comply with subsection 60E(2) (notifying beneficiaries);
 (b) to comply with subsection 60F(2) (consequences of 2 consecutive fail assessments).