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Superannuation Industry (Supervision) Act 1993
99CBuy‑sell spreads and switching fees to be charged on a cost recovery basis
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#### 99C Buy‑sell spreads and switching fees to be charged on a cost recovery basis
(1) If the trustee, or the trustees, of a regulated superannuation fund or an approved deposit fund charge a buy‑sell spread or a switching fee, 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 a buy‑sell spread or a switching fee charged on a cost recovery basis is to be worked out.