Superannuation Industry (Supervision) Regulations 1994
For the purposes of paragraphs 91(3)(b) , 92(3)(b) and 93(3)(b) of the Act, a public offer superannuation fund to which section 91 , 92 or 93 of the Act applies is subject to the following rule, namely, that the functions that a policy committee of a fund may undertake include the following:
(a) providing an avenue:
(i) for members of the fund to inquire about the investment strategy and performance of the fund; and
(ii) for the trustee of the fund to obtain the views of members of the fund concerning that strategy and performance;
(b) providing an avenue for members of the fund to inquire about the fund's operation or performance;
(c) providing an avenue for the trustee of the fund to obtain the views of members of the fund concerning the fund's operation or performance;
(d) providing an avenue for the trustee of the fund to obtain the views of members of the fund on their information needs;
(e) assisting the trustee of the fund in dealing with complaints or inquiries about the operation or management of the fund. 3.06(2) [Functions of trustees]
Subregulation (1) is not to be taken as limiting by implication the functions and responsibilities of the trustee.
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