Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Act 2012 (171 of 2012)
Schedule 4 Modern awards and enterprise agreements
Part 1 Amendments
Superannuation Industry (Supervision) Act 1993
11 At the end of section 29U
(a) APRA cancels an authority to offer a class of beneficial interest in a regulated superannuation fund as a MySuper product; and
(b) as a result of the cancellation, the fund no longer offers any MySuper product;
APRA must also notify Fair Work Australia in writing of that fact.