Commonwealth Consolidated Acts

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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 - SECT 157

Object of this Part

    The object of this Part   is to provide administrative consequences for contraventions of this Act or the regulations that relate to self managed superannuation funds. This Part:

  (a)   allows the Regulator to give rectification directions and education directions; and

  (b)   imposes administrative penalties for certain contraventions.



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