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.
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> **s 123:** Am 2005 No 91, Sch 2.2 \[20\].
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> **pt 5, div 2, hdg:** Renumbered as Part 6, 2022 No 63, Sch 3.1\[3\].