Superannuation Industry (Supervision) Regulations 1994
In relation to each policy committee of a public offer superannuation fund, the trustee of the fund must:
(a) ensure, so far as practicable, that the committee meets at least once in any 12-month period; and
(b) provide facilities that are reasonably necessary to enable the committee to meet and to function effectively. 3.08(2) [Meeting by telephone conference]
A meeting may be held wholly or in part by means of a telephone conference connection among the committee members and, if a representative of the trustee is to attend, the representative.
3.08(3) [Trustee representative to attend]The trustee must arrange for a representative of the trustee to attend each meeting of the committee that the committee requests the trustee to do so.
3.08(4) [Costs may be recouped]The trustee may recoup from the fund:
(a) the costs of providing facilities for the committee to meet; and
(b) the costs incurred by the trustee in attending a meeting of the committee; and
(c) the costs incurred by the trustee in providing information to the committee.
Note: The amount of costs recouped is determined in accordance with regulation 5.02 .
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