CTHIn ForceAct
Superannuation Industry (Supervision) Act 1993
125Individuals not to be investment managers of superannuation entities
Start here
Get a plain-English read of 125
Turn the raw legal text into a practical explanation grounded in Superannuation Industry (Supervision) Act 1993.
#### 125 Individuals not to be investment managers of superannuation entities
A person must not intentionally be, or act as, an investment manager of a superannuation entity (other than a self managed superannuation fund) if the person is not a body corporate.
Penalty: Imprisonment for 2 years.