Reg 2.24C omitted by SR No 21 of 2002, reg 3 and Sch 1 item 21, effective 11 March 2002. Reg 2.24C formerly read:
REGULATION 2.24C INFORMATION IF TRUSTEE REQUIRED TO PROVIDE BENEFITS
2.24C(1)
If, at the time member information is required to be given under regulation 2.22 or 2.24A, there is in force a notice given to the trustee by a member under subregulation 6.17A(4), the member information must be accompanied by a statement calling the member's attention to:
(a)
the person, persons or class, or classes, of persons mentioned in the notice; and
(b)
the fact that, in accordance with the notice, the trustee will pay a benefit in respect of the member, on or after the death of the member, to the person, persons or class, or classes, of persons mentioned in the notice if:
(i)
the person, or each person, mentioned in the notice is the legal personal representative or a dependant of the member; and
(ii)
the proportion of the benefit that will be paid to that person, or to each of those persons, is certain or readily ascertainable from the notice or a statement under regulation 6.17B; and
(iii)
the notice is in effect; and
(c)
the statement of the member about:
(i)
the proportion of the benefit that will be paid to the person, or to each person, mentioned in the notice; or
(ii)
how that proportion is to be determined; and
(d)
the fact that the member may confirm, amend or revoke the notice in accordance with subregulation 6.17A(5); and
(e)
the date when the notice ceases to have effect under paragraph 6.17A(7)(a) or (b).
2.24C(2)
The trustee must give to the member, at the time when the trustee gives the statement mentioned in subregulation (1), a document that the member may use to confirm, amend or revoke the notice.
2.24C(3)
In this regulation, a reference to a notice includes a reference to the notice as confirmed, or amended, under subregulation 6.17A(5).
Reg 2.24C inserted by SR No 115 of 1999.