Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE AND SALE OF FINANCIAL PRODUCTS  

Division 4 - Content of Product Disclosure Statements  

Subdivision 4.2B - Content of Product Disclosure Statement for superannuation product  

REGULATION 7.9.11LB  

7.9.11LB   ATTRIBUTION OF ACCRUED DEFAULT AMOUNT TO MYSUPER PRODUCT - MODIFICATION OF SIGNIFICANT EVENT NOTICE REQUIREMENTS  
If a person:

(a)    

is an RSE licensee; and

(b)    is exempted under subregulation 9.46(2) of the Superannuation Industry (Supervision) Regulations 1994 from notice requirements in relation to the attribution or transfer of an accrued default amount;

then, for paragraph 1020G(1)(c) of the Act, section 1017B of the Act applies to the person as if subsection 1017B(4) were omitted and the following subsection were substituted:

" (4)
The notice must mention the following:

(a) the accrued default amount that was attributed or transferred;

(b) the name of the MySuper product to which the amount was attributed or transferred;

(c) how the member may obtain a product disclosure statement for the MySuper product;

(d) any other information that the member needs to understand the attribution or transfer. "