Superannuation Industry (Supervision) Regulations 1994

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

Division 7.3 - Contributions to be allocated to members - certain other regulated superannuation funds  

REGULATION 7.11   7.11   CONTRIBUTIONS TO BE ALLOCATED TO MEMBERS  


If a trustee is required to allocate a contribution in a month in accordance with regulation 292-170.03 of the Income Tax Assessment Regulations 1997 , the trustee must allocate the contribution to a member of the fund:


(a) within 28 days after the end of the month; or


(b) if it is not reasonably practicable to allocate the contribution to the member of the fund within 28 days after the end of the month - within such longer period as is reasonable in the circumstances.




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