Financial Sector Reform (Hayne Royal Commission Response) Act 2020 (135 of 2020)
Schedule 9 Adjustment of APRA and ASIC's roles in superannuation
Part 2 Adjustments relating to financial services
Corporations Act 2001
55 After subsection 941C(3A)
Insert:
Providing entity is merely providing a superannuation trustee service
(3B) The providing entity does not have to give the client a Financial Services Guide if:
(a) the providing entity is the trustee of a registrable superannuation entity; and
(b) the financial service consists only of a superannuation trustee service.