Opt‑out insurance for MySuper members cannot be obtained at reasonable cost

Current

For subsection 68AA(7) of the Act, the circumstances are that the trustee certifies, in writing, that the trustee is reasonably satisfied the risk that is to be insured cannot:

(a)

be placed with an insurer at a reasonable cost; or

(b)

be provided on an opt‑out basis.

This Act’s bill:Explanatory statement

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

9.49 Opt‑out insurance for MySuper members cannot be obtained at reasonable cost