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


(4) If:

(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.