Superannuation Industry (Supervision) Regulations 1994
PART 7
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CONTRIBUTION AND BENEFIT ACCRUAL STANDARDS (REGULATED SUPERANNUATION FUNDS)
Division 7.3
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Contributions to be allocated to members
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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.
View history note
Hide history noteIf 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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