Corporations Regulations 2001
Modifying legislative instruments
4 Contents of section 2 (How super works) 4(1)Section 2 of the Product Disclosure Statement must include statements to the effect that:
(a) superannuation is a means of saving for retirement which is, in part, compulsory; and
(b) there are different types of contributions available to a person (for example, employer contributions, voluntary contributions, government co-contributions); and
(c) there are limitations on contributions to, and withdrawals from, superannuation; and
(d) tax savings are provided by the Government; and
(e) most people have the right to choose into which superannuation entity the employer should direct their superannuation guarantee contributions.
View history note
Hide history note4(2)
The superannuation trustee may provide more detailed information on the matters set out in subclause (1) by:
(a) applying, adopting or incorporating a matter in writing; or
(b) providing a reference to a website, operated by or on behalf of the Commonwealth, that contains the information.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
