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Section 62 of the SIS Act requires that the trustee of a regulated fund must ensure that the fund is maintained solely for one or

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Section 62 of the SIS Act requires that the trustee of a regulated fund must ensure that the fund is maintained solely for one or more of specific retirement-related issues. This is otherwise known as the 'sole purpose test'. Provide an example of a circumstance that is likely to not meet the sole purpose test. (4 marks)

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