Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE AND SALE OF FINANCIAL PRODUCTS  

Division 2 - Arrangements for Product Disclosure Statements in relation to superannuation products and RSAs  

Subdivision 2.2 - Late provision of Product Disclosure Statement for certain members of regulated superannuation fund, public offer superannuation fund or successor fund  

REGULATION 7.9.04   PRODUCT DISCLOSURE STATEMENT TO BE PROVIDED LATER  

7.9.04(1)    


For section 1012F of the Act, the following superannuation products are specified:


(a) a superannuation interest issued by the trustee of a regulated superannuation fund that is not a public offer superannuation fund, other than:


(i) (Omitted)

(ii) a financial product taken to be issued because of regulation 7.1.04E ; or

(iii) an annuity or pension taken to be issued because of subregulation 7.9.02(4) ; or

(iv) an interest in a self managed superannuation fund that is not acquired at the time that the fund is established;


(b) a pension issued by a superannuation fund the rules of which do not allow a member to receive accumulated benefits in a form other than a pension from that fund;


(c) a superannuation interest issued by the trustee of a successor fund in relation to the transfer of benefits in the fund;


(d) a superannuation interest issued by the trustee of a regulated superannuation fund as a result of complying with a commutation authority issued to the trustee under Subdivision 136-B in Schedule 1 to the Taxation Administration Act 1953 .


7.9.04(2)    
For paragraph 1020G(1)(c) of the Act:


(a) section 1012B of the Act is modified in its application in relation to the specified superannuation product as set out in Part 17 of Schedule 10A ; and


(b) section 1012I of the Act is modified in its application in relation to the specified superannuation product as set out in Part 17 of Schedule 10A .





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