Treasury Laws Amendment (Putting Members' Interests First) Act 2019 (79 of 2019)

Schedule 1   Low-balance accounts and members under 25

Part 2   Application

9   Application of section 68AAC

Section 68AAC of the Superannuation Industry (Supervision) Act 1993, as inserted by item 1 of this Schedule, applies in relation to a benefit provided by a regulated superannuation fund to, or in respect of, a member of the fund under a choice product or MySuper product held by the member, if the member begins to hold the product on or after 1 April 2020.