Superannuation Industry (Supervision) Act 1993 Amendment of Modification Declaration No. 23 (Cth)

Superannuation Industry (Supervision) Act 1993

AMENDMENT OF

MODIFICATION DECLARATION No 23

I, Graeme John Thompson, Chief Executive Officer of, and a delegate of, the Australian Prudential Regulation Authority, under subsection 33(3) of the Acts Interpretation Act 1901 and section 332 of the Superannuation Industry (Supervision) Act 1993 (the Act), AMEND modification declaration number 23, which was made on 12 January 1999:

a.  By omitting “is not an excluded fund” from subparagraph 9.29A(2)(b)(ii) and paragraph 9.29A(2)(c) of the Superannuation Industry (Supervision) Regulations 1994 (the SIS Regulations) (which were added by Part g of modification declaration number 23) and substituting “has five or more members”; and

b.  By omitting “reasonable” from paragraph 9.31(1)(ba) of the SIS Regulations (which was added by Part i of modification declaration number 23) and substituting “high”.

This declaration commences to have effect on the day it is published in the Gazette.

Dated 18 October 2000

[signed]

Graeme Thompson

Chief Executive Officer