Reg 2.22 omitted by SR No 20 of 2002, reg 3 and Sch 1 item 4, effective 11 March 2002. Reg 2.22 formerly read:
TIME FOR COMPLIANCE
-
EVENT
2.22(1)
Meaning of ``event''.
For the purposes of this regulation:
"event"
means:
(a)
an event mentioned in regulation
2.27
; or
(b)
a change of a kind mentioned in subregulation
2.28(1)
; or
(c)
a transfer of the amount of an RSA mentioned in subregulation
2.28(3)
.
2.22(2)
General rule.
Subject to regulation
2.23
, the time within which an RSA provider must give information under this Division about an event to an RSA holder is:
(a)
if the event has an adverse effect:
(i)
before the expected occurrence of the event; or
(ii)
within 30 days after the occurrence of the event;
(b)
in any other case
-
within 3 months after the occurrence of the event.
2.22(3)
Where delay not material.
Despite paragraph (2)(b), the information may be given more than 3 months after the occurrence of the event if:
(a)
the RSA provider reasonably believes that the RSA holder would not be expected to be concerned about the delay in giving the information; and
(b)
the information is given no later than 12 months after the occurrence of the event.
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