Commonwealth Consolidated Regulations

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Additional information for change to choices

             (1)  For paragraph 1017D(5)(g) of the Act, a periodic statement for a holder of a financial product must include, if relevant, either of the following details (in addition to the details mentioned in regulation 7.9.20 or 7.9.26, as appropriate):

                     (a)  details of:

                              (i)  other investment strategies available to the holder (if applicable) ; and

                             (ii)  other contribution levels available to the holder; and

                            (iii)  other insurance coverage available to the holder in relation to the financial product;

                     (b)  a statement:

                              (i)  that the details in paragraph (a) are available on request from the responsible person; and

                             (ii)  about how to ask for the details.

             (2)  The details or statement must relate to:

                     (a)  an interest in the same sub-plan; or

                     (b)  if there is no sub-plan--an interest in the same superannuation entity or an RSA.

             (3)  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act is modified in its application in relation to a superannuation entity and an RSA provider as set out in Part 9 of Schedule 10A.

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