Superannuation Industry (Supervision) Regulations 1994

Part 2 heading substituted by SR No 21 of 2002, reg 3 and Sch 1 item 1, effective 11 March 2002. The heading formerly read:

PART 2 - INFORMATION FOR MEMBERS AND OTHERS

Div 2.2 inserted by FRLI No F2021L01076, reg 4 and Sch 1 item 4, applicable in relation to each year of income that ends on or after 6 August 2021.

Former Div 2.2 omitted by SR No 21 of 2002, reg 3 and Sch 1 item 16, effective 11 March 2002.

Reg 2.09 inserted by FRLI No F2021L01076, reg 4 and Sch 1 item 4, applicable in relation to each year of income that ends on or after 6 August 2021.

Former reg 2.09 omitted by SR No 21 of 2002, reg 3 and Sch 1 item 16, effective 11 March 2002. Reg 2.09 formerly read:

REGULATION 2.09 SUBDIVISION 3A OF PART 19 OF THE ACT  
2.09(1)
The provisions of this Division are made:

(a) under subsection 159(1) of the Act; and

(b) for the purposes of sections 157, 157A and 158 of the Act.

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History

Reg 2.09(1) amended by SR No 159 of 1995.

2.09(2)
For the purposes of subsection 157(5) of the Act (which deals with the circumstances in which interests may be issued without information first being given), the circumstance is specified that the interest is issued by the trustee of a successor fund in relation to a transfer of benefits to that fund.

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History

Reg 2.09(2) inserted by SR No 159 of 1995.

2.09(3)
For the purposes of subsection 158(3) of the Act (which deals with circumstances in which a person may become a standard employer-sponsor without information being given), the circumstance is specified that:

(a) the person who becomes a standard employer-sponsor without having made an eligible application was a standard employer-sponsor of a fund (`the original fund ' ); and

(b) the benefits of members in the original fund are transferred to a successor fund; and

(c) the person was a standard employer-sponsor of the original fund immediately before those benefits are so transferred; and

(d) the person is a standard employer-sponsor of the successor fund immediately after those benefits are so transferred.

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History

Reg 2.09(3) inserted by SR No 159 of 1995.