Superannuation Industry (Supervision) Regulations (Amendment) (Cth)

Statutory Rules 1996

No. 44 1

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Superannuation Industry (Supervision) Regulations 2(Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Superannuation Industry (Supervision) Act 1993.

Dated 10 April 1996.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

JIM SHORT

Assistant Treasurer

for the Treasurer

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1.   Amendment

1.1   The Superannuation Industry (Supervision) Regulations are amended as set out in these Regulations.

[NOTE: These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48.]

2. New

regulation 8.01A

2.1   After regulation 8.01, insert:

Statement of cash flows

 “8.01A.For the purposes of paragraph 112 (1) (ba) of the Act (preparation of a statement of cash flows), subsection 112 (1) of the Act does not apply to:

• (a)

  a superannuation entity of the kind referred to in paragraph 8.01 (2) (a) in the circumstances referred to in subregulation 8.01 (2); or

• (b)

  a superannuation entity of the kind referred to in subregulation 8.01 (3) in the circumstances referred to in that subregulation; or

• (c)

  an excluded fund.”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 17 April 1996.

2. Statutory Rules 1994 No. 57 as amended by 1994 Nos. 189 and 432; 1995 Nos. 47, 64, 142, 158, 159, 240, 293, 384 and 430.