Division K FINANCIAL AND INSURANCE SERVICES
Subdivision 63 INSURANCE AND SUPERANNUATION FUNDS
Group 633 SUPERANNUATION FUNDS
Class 6330 Superannuation Funds
| This class consists of units of separately constituted funds mainly engaged in providing retirement benefits. |
| Primary activities |
- Approved deposit fund (superannuation) operation
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- Pension fund, separately constituted, operation
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- Superannuation fund, separately constituted, operation
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| Exclusions/References |
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- investing money on their own account in predominantly financial assets (e.g. shares, bonds, bills etc, including mortgages) are included in Class 6240 Financial Asset Investing; and
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- managing or in carrying out the operations of separately constituted superannuation funds on a commission or fee basis are included in Class 6419 Other Auxiliary Finance and Investment Services.
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