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Section 99BA - Superannuation Industry (Supervision) Act 1993 - No exit fees — Zoe

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Superannuation Industry (Supervision) Act 1993

99BANo exit fees

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#### 99BA No exit fees (1) The trustee, or the trustees, of a regulated superannuation fund or an approved deposit fund must not charge exit fees, except in circumstances prescribed by the regulations. (2) An exit fee is a fee, other than a buy‑sell spread, that relates to the disposal of all or part of a member’s interests in a superannuation entity.

Previous section99BNo entry fees Next section99CBuy‑sell spreads and switching fees to be charged on a cost recovery basis