Significant events, Board to inform Members about
224A Significant events, Board to inform Members about
As soon as practicable after the occurrence of a significant event the Board is to give to each Member who the Board reasonably expects has been, will or may be affected by the event all the information about the event that the Board reasonably believes that the Member would reasonably expect to be provided with, including details of —
the nature of the event; and
the purpose (if any) of the event; and
its effect on the Member’s rights and entitlements.
In this regulation —
significant event means any event that the Board reasonably believes —
will or may have, or has had, an adverse effect on —
a Member’s right to accrued benefits or the amount of those benefits; or
the benefits to which a Member may become entitled; or
the circumstances in which those benefits will or may become payable; or
the manner in which those benefits would be calculated; or
the security of the Member’s benefits;
or
Members would reasonably expect to be informed of.
[Regulation 224A inserted: Gazette 29 Jun 2001 p. 3098‑9; amended: Gazette 13 Apr 2007 p. 1605-6.]
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