Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Act 2012 (171 of 2012)
Schedule 3 Collection and disclosure of information
Part 1 Amendments
Superannuation Industry (Supervision) Act 1993
40 Subsection 10(1) (definition of choice product )
Repeal the definition, substitute:
choice product : A class of beneficial interest in a regulated superannuation fund is a choice product unless:
(a) all the members of the fund who hold that class of beneficial interest in the fund are defined benefit members; or
(b) that class of beneficial interest in the fund is a MySuper product.
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