CTHIn ForceAct
Superannuation Industry (Supervision) Act 1993
29VCActivity fees and insurance fees to be charged on a cost recovery basis
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#### 29VC Activity fees and insurance fees to be charged on a cost recovery basis
(1) If the trustee, or the trustees, of a regulated superannuation fund charge an activity fee or an insurance fee to a member in relation to a MySuper product, the fee must be no more than it would be if it were charged on a cost recovery basis.
(2) The regulations may prescribe the way in which an activity fee or an insurance fee charged on a cost recovery basis is to be worked out.