Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies to a regulated superannuation fund, if the fund is a private sector fund established before 12 March 1985.
(2) At all times during the fund's 1994 - 95 year of income when the fund was in existence, the historical cost ratio of the fund's in - house assets must not exceed whichever is the greater of the following percentages:
(a) whichever is the lesser of the following percentages:
(i) the percentage equal to the historical cost ratio of the fund's in - house assets as at the end of 11 March 1985;
(ii) 70%;
(b) 10%.
(3) Section 72 is to be ignored in working out the percentage mentioned in subparagraph (2)(a)(i).