Treasury Laws Amendment (Putting Members' Interests First) Act 2019 (79 of 2019)

Schedule 1   Low-balance accounts and members under 25

Part 1   Amendments

Superannuation (Unclaimed Money and Lost Members) Act 1999

6   At the end of paragraph 20QA(1)(a)

Add:

(ix) no benefit that despite section 68AAB of the SIS Act could, because of the application of subsection 68AAB(5) or (6) of that Act, be provided to, or in respect of, the member under the product by taking out or maintaining insurance is provided in that way; and


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