7.9.11LA
CurrentAttribution of accrued default amount to MySuper product—exemption from significant event notice requirements
Chapter 7Financial services and markets
Part 7.9Financial product disclosure and other provisions relating to issue and sale of financial products
Division 4Content of Product Disclosure Statements
Subdivision 4.2BContent of Product Disclosure Statement for superannuation product
7.9.11LA Attribution of accrued default amount to MySuper product—exemption from significant event notice requirements
For paragraph 1020G(1)(a) of the Act, a person is exempt from section 1017B of the Act in relation to the attribution or transfer of an accrued default amount if the person:
(a)
is an RSE licensee; and
(b)
must comply with a requirement under regulation 9.46 of the Superannuation Industry (Supervision) Regulations 1994 in relation to the attribution or transfer.
This Act’s bill:Explanatory statement
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