Corporations Regulations 2001
(regulations 7.9.02 , 7.9.04 , 7.9.05 , 7.9.06 , 7.9.09C , 7.9.11C , 7.9.11N , 7.9.11V , 7.9.12 , 7.9.24 , 7.9.27 , 7.9.30 , 7.9.43 , 7.9.47 , 7.9.51 , 7.9.56 , 7.9.60 , 7.9.61 , 7.9.63 , 7.9.73 and 8.4.02 )
After subsection 1017C(7)
insert
(7A)
If:
(a) a concerned person requests information under subsection (2) or (3) in relation to a facility, under the concerned person ' s existing holding of a superannuation product, to modify:
(i) an investment strategy; or
(ii) a contribution level; or
(iii) insurance coverage; and
(b) the information has not already been given in a periodic statement or in accordance with other periodic reporting requirements under Division 3;it is sufficient compliance with a requirement imposed by this section if the responsible person provides an up to date Product Disclosure Statement that includes information on the ability and effect of making the modification.
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