Superannuation Industry (Supervision) Regulations 1994

PART 2 - INFORMATION FOR CERTAIN PARTIES  

Division 2.6 - Remuneration of executive officers and individual trustees  

REGULATION 2.38   OBLIGATION TO MAKE INFORMATION PUBLICLY AVAILABLE - RSE LICENSEE OF REGISTRABLE SUPERANNUATION ENTITY  

2.38(1)  
This regulation is made for paragraph 29QB(1)(b) of the Act.

2.38(2)  
The following documents and information relating to the registrable superannuation entity are prescribed (if applicable):


(a) both:


(i) a current version of the trust deed; and

(ii) any material not incorporated in the current version of the trust deed;


(b) the governing rules;


(c) rules relating to the nomination, appointment and removal of trustees or trustee directors;


(d) the most recent actuarial report for each defined benefit fund;


(e) the most recent product disclosure statement for each superannuation product (within the meaning of Chapter 7 of the Corporations Act 2001 ) offered by the entity;


(f) the annual report for the previous financial year;


(g) the financial services guide;


(h) a summary of each significant event or material change notice made to members within the previous 2 years;


(i) the name and Australian Business Number of each outsourced service provider who provides a service which may affect a material business activity of the entity;


(j) the following information about each executive officer of the RSE licensee of the entity or each individual trustee of the entity ( relevant person ):


(i) the relevant person ' s name;

(ii) the qualifications of the relevant person;

(iii) a summary of the relevant person ' s experience as a trustee or board member, including the periods during which the relevant person served as a trustee or board member;


(k) the record of attendance at board meetings for each director for:


(i) the last 7 financial years; or

(ii) if the director has served for a period of less than 7 years - that period;


(l) a register of relevant interests and a register of relevant duties;


(m) a summary of the conflicts management policy;


(n) the proxy voting policies;


(o) a summary of when, during the previous financial year, and how the entity has exercised its voting rights in relation to shares in listed companies.

2.38(3)  
The following documents or information relating to the RSE licensee are prescribed:


(a) if the RSE licensee is a body corporate - the constitution;


(b) the annual financial statement for the previous financial year.

2.38(4)  
In this regulation a requirement that is expressed to apply to a defined benefit fund may be met by the requirement being satisfied in relation to each defined benefit sub-fund in the defined benefit fund.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.