Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Act 2024 (67 of 2024)

Schedule 5   Miscellaneous and technical amendments

Part 1   Amendments commencing day after Royal Assent

Division 5   Benefits provided by taking out insurance

Superannuation Industry (Supervision) Act 1993

23   Application of amendments

Application of amendments

(1) The amendments made by this Division apply in relation to a transfer from a regulated superannuation fund to another regulated superannuation fund that occurs on or after the commencement of this item.

Transitional provision

(2) For the purposes of paragraph 68AAC(3C)(b) of the Superannuation Industry (Supervision) Act 1993, as inserted by this Division, treat the reference in item 9 of Schedule 1 to the Treasury Laws Amendment (Putting Members' Interests First) Act 2019 to 1 April 2020 as being a reference to the day on which the member began to hold the choice product or MySuper product mentioned in paragraph 68AAC(3C)(a), if that day occurred before 1 April 2020.