NSWIn ForceAct
Superannuation Administration Act 1996
123Defence relating to management of reserves
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123 Defence relating to management of reserves
123 Defence relating to management of reserves
It is a defence to an action under section 121 for loss or damage suffered by a person as a result of the management of any reserves by STC if the defendant establishes that the management of the reserves was in accordance with a reserves strategy formulated in accordance with this Act.
s 123: Am 2005 No 91, Sch 2.2 [20].
pt 5, div 2, hdg: Renumbered as Part 6, 2022 No 63, Sch 3.1[3].