SUPERANNUATION INDUSTRY (SUPERVISION) REGULATIONS 1994

PART 7 - CONTRIBUTION AND BENEFIT ACCRUAL STANDARDS (REGULATED SUPERANNUATION FUNDS)  

Division 7.1 - General  

REGULATION 7.04A   ACCEPTANCE OF CONTRIBUTIONS - PUBLIC OFFER SUPERANNUATION FUNDS  

7.04A(1)   [ Applicable standard]  

For paragraph 31(2)(d) of the Act, the standard mentioned in subregulation (2) applies to a regulated superannuation fund that is a public offer superannuation fund.

7.04A(2)   [ Contributions not acceptable]  

If:


(a) a person is a member of a standard employer-sponsored fund; and


(b) the person is employed by another employer (the new employer ) who is not a standard employer-sponsor of the fund;

the fund must not make its acceptance of contributions from the new employer in respect of the member conditional upon the new employer becoming a standard employer-sponsor of the fund.




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