Commonwealth Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS REGULATIONS 2001 - REG 7.9.11Q

Retention of copies of Product Disclosure Statement for superannuation product

             (1)  This regulation applies if:

                     (a)  section 1015B of the Act does not apply to require a Product Disclosure Statement to be lodged with ASIC; and

                     (b)  the Statement is for a superannuation product to which this Subdivision applies.

             (2)  The responsible person for the Product Disclosure Statement must retain a copy of each version of the Statement that the responsible person issues for a period of 7 years starting on the day on which the version is prepared.

             (3)  The responsible person for the Product Disclosure Statement must retain a copy of the document from which a matter is applied, adopted or incorporated by the Statement as mentioned in paragraph 7.9.11P(3)(c) for a period of 7 years commencing on the day on which the Statement is prepared.

             (4)  If a document from which a matter is adopted, applied or incorporated by the Product Disclosure Statement as mentioned in paragraph 7.9.11P(3)(c) is changed in a way that changes the description of, or reference to, the matter, the responsible person for the Statement must retain a copy of the document for a period of 7 years commencing on the day on which the document is changed.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback