Document ID: chunk:federal_register_of_legislation:C2025C00134:section:49:p2
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 49 (pt 2/2)
Character Range: 358780–360664

that the Commissioner is not satisfied that a fund satisfied the superannuation fund conditions in relation to a year of income; and
 (b) the year of income is the 1993‑94 year of income or an earlier year of income;
the notice has effect as if it were a notice under section 40 stating that the fund is not a complying superannuation fund in relation to the year of income.

ADFs—negative
 (5) For the purposes of paragraph 41(2)(b) and this Division, if:
 (a) a notice under the repealed section 14 or 15 of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is not satisfied that a fund satisfied the approved deposit fund conditions in relation to a year of income; and
 (b) the year of income is the 1993‑94 year of income or an earlier year of income;
the notice has effect as if it were a notice under section 40 stating that the fund is not a complying approved deposit fund in relation to the year of income.

PSTs—negative
 (6) For the purposes of paragraph 41(2)(b) and this Division, if:
 (a) a notice under the repealed section 15B or 15C of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is not satisfied that a trust satisfied the pooled superannuation trust conditions in relation to a year of income; and
 (b) the year of income is the 1993‑94 year of income or an earlier year of income;
the notice has effect as if it were a notice under section 40 stating that the trust is not a pooled superannuation trust in relation to the year of income.

OSSA—continued operation
 (7) A reference in this section to a provision of the Occupational Superannuation Standards Act 1987 includes a reference to that provision as it continues to apply, despite its repeal, because of the Occupational Superannuation Standards Amendment Act 1993.

Part 6—Provisions relating to governing rules of superannuation entities