The ATO can impose administrative penalties on individual trustees and the directors of corporate trustees if they contravene certain provisions of the Superannuation Industry (Supervision) Act 1993 (SISA).
superannuation fund
Federal Court protects pension from bankruptcy trustees: Morris' Case
The Federal Court has rejected the attempt by bankruptcy trustees of a deceased super member who argued that a benefit paid to the widow of the deceased super member who was herself a bankrupt was divisible property and so vested in them.
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