Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A standard applicable to the operation of a superannuation entity may be prescribed that elaborates, supplements or otherwise deals with any aspect of:
(a) a matter relating to the operation of the entity to which a covenant referred to in sections 52 to 53 or prescribed under section 54A relates; or
(b) a matter relating to the operation of the entity to which a provision of this Act or another provision of the regulations relates.
(2) However, a standard applicable to the operation of a superannuation entity is of no effect to the extent that it conflicts with this Act.