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Superannuation Industry (Supervision) Act 1993
54COther covenants must not be contravened
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#### 54C Other covenants must not be contravened
(1) A person must not contravene any other covenant contained, or taken to be contained, in the governing rules of a superannuation entity.
(2) A contravention of subsection (1) is not an offence.
(3) A contravention of subsection (1) does not result in the invalidity of a transaction.
(4) This section does not limit the operation of section 55.
> Note: A contravention of subsection (1) may result in an action to recover loss or damage under section 55.