Superannuation Laws Amendment Regulations 2002 (No. 1) (200 of 2002)

Schedule 2   Amendments of Superannuation Industry (Supervision) Regulations 1994

[9]   Subregulation 5.22 (1), including the note

substitute

(1) If under regulation 5.21 a member of a fund elects to waive member protection, the member-protection standards cease to apply to the member:

(a) if the waiver takes place before 1 October 1995 - from 1 July 1995; or

(b) in any other case - from the date of the waiver.

Note See subregulation 5.17 (5) in regard to the end of the last relevant member reporting period in this case.