Superannuation Administration Corporation (Pillar) (Authorised Transaction) Act 2016
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Superannuation Administration Corporation (Pillar) (Authorised Transaction) Act 2016
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Turn the raw legal text into a practical explanation grounded in Superannuation Administration Corporation (Pillar) (Authorised Transaction) Act 2016.
8 Manner of effecting authorised transaction
(1) The authorised transaction is to be effected as directed by the Treasurer and can be effected in any manner considered appropriate by the Treasurer.
(2) There are no limitations as to the nature of the transactions or arrangements that can be entered into or used for the purposes of the authorised transaction.
(3) The provisions of this Act for the establishment of various kinds of transaction entity do not limit the nature of the entities or arrangements that can be used for the purposes of the authorised transaction.