49Transitional—notices under the repealed provisions of the Occupational Superannuation Standards Act 1987

49 Transitional—notices under the [Repealed] provisions of the Occupational Superannuation Standards Act 1987

Superannuation funds—positive (1) For the purposes of paragraph 41(2)(b) and this Division, if: (a) a notice under repealed section 12 or 13 of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is satisfied that: (i) a fund satisfied the superannuation fund conditions in relation to a year of income; or (ii) a fund should be treated as if it had satisfied the superannuation fund conditions in relation to a year of income; and (b) the year of income is the 1993‑94 year of income or an earlier year of income; the notice has effect as if it were a notice under section 40 stating that the fund is a complying superannuation fund in relation to the year of income. ADFs—positive (2) For the purposes of paragraph 41(2)(b) and this Division, if: (a) a notice under repealed section 14 or 15 of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is satisfied that: (i) a fund satisfied the approved deposit fund conditions in relation to a year of income; or (ii) a fund should be treated as if it had satisfied the approved deposit fund conditions in relation to a year of income; and (b) the year of income is the 1993‑94 year of income or an earlier year of income; the notice has effect as if it were a notice under section 40 stating that the fund is a complying approved deposit fund in relation to the year of income. PSTs—positive (3) For the purposes of paragraph 41(2)(b) and this Division, if: (a) a notice under repealed section 15B or 15C of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is satisfied that: (i) a trust satisfied the pooled superannuation trust conditions in relation to a year of income; or (ii) a trust should be treated as if it had satisfied the pooled superannuation trust conditions in relation to a year of income; and (b) the year of income is the 1993‑94 year of income or an earlier year of income; the notice has effect as if it were a notice under section 40 stating that the trust is a pooled superannuation trust in relation to the year of income. Superannuation funds—negative (4) For the purposes of paragraph 41(2)(b) and this Division, if: (a) a notice under the repealed section 12 or 13 of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is not satisfied that a fund satisfied the superannuation fund conditions in relation to a year of income; and (b) the year of income is the 1993‑94 year of income or an earlier year of income; the notice has effect as if it were a notice under section 40 stating that the fund is not a complying superannuation fund in relation to the year of income. ADFs—negative (5) For the purposes of paragraph 41(2)(b) and this Division, if: (a) a notice under the repealed section 14 or 15 of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is not satisfied that a fund satisfied the approved deposit fund conditions in relation to a year of income; and (b) the year of income is the 1993‑94 year of income or an earlier year of income; the notice has effect as if it were a notice under section 40 stating that the fund is not a complying approved deposit fund in relation to the year of income. PSTs—negative (6) For the purposes of paragraph 41(2)(b) and this Division, if: (a) a notice under the repealed section 15B or 15C of the Occupational Superannuation Standards Act 1987 stated that the Commissioner is not satisfied that a trust satisfied the pooled superannuation trust conditions in relation to a year of income; and (b) the year of income is the 1993‑94 year of income or an earlier year of income; the notice has effect as if it were a notice under section 40 stating that the trust is not a pooled superannuation trust in relation to the year of income. OSSA—continued operation (7) A reference in this section to a provision of the Occupational Superannuation Standards Act 1987 includes a reference to that provision as it continues to apply, despite its repeal, because of the Occupational Superannuation Standards Amendment Act 1993.