Superannuation Guarantee (Administration) Act 1992
A fund (the old fund ) ceases to be a chosen fund for an employee if:
(a) there is another fund that is a chosen fund for the employee; and
(b) neither the employee nor the Commissioner has given the employer a written notice stating that the old fund continues to be a chosen fund for the employee.
The employee may give the employer a written notice, or give the Commissioner a notice in the approved form, stating that the old fund continues to be a chosen fund for the employee.
A fund also ceases to be a chosen fund if the employee requests the employer, under subsection 32N(3) , to give him or her a standard choice form and the employer does not do this by the time specified in that subsection. 32H(3)
A fund also ceases to be a chosen fund if it is impossible for the employer to contribute on behalf of the employee to the chosen fund. This may occur immediately after the fund becomes a chosen fund for the employee.
The chosen fund is closed to new members or ceases to accept further contributions.
A fund also ceases to be a chosen fund if the fund ceases to be an eligible choice fund for the employer. This may occur immediately after the fund becomes a chosen fund for the employee.
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