Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Act 2012 (171 of 2012)
Schedule 6 Moving accrued default amounts
Superannuation Industry (Supervision) Act 1993
8 At the end of subsection 29U(2)
; or (j) APRA is satisfied that the RSE licensee has failed to give effect to an election made in accordance with section 29SAA (election to transfer accrued default amounts to a MySuper product).
8A Paragraph 29TC(1)(b)
After "facilities", insert "except to the extent that a benefit is provided by taking out risk insurance".
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