Document ID: chunk:federal_register_of_legislation:C2016A00022:clause:1_29
Version: federal_register_of_legislation:C2016A00022
Segment Type: clause
Provision Reference: sch 1 cl 29
Character Range: 5641–6449

29  At the end of section 963B (after the note)
Add:
 (4) The regulations may prescribe circumstances in which, despite a provision of this section, all or part of a benefit is to be treated as conflicted remuneration.
Note: The expression intrafund advice is often used to describe financial product advice given by a trustee (or an employee of, or another person acting under arrangement with, the trustee) of a regulated superannuation fund to its members, where that advice is not of a kind to which the prohibition in section 99F of the Superannuation Industry (Supervision) Act 1993 applies. (Section 99F of that Act prohibits trustees of regulated superannuation funds from passing on the cost of providing certain kinds of financial product advice in relation to one member of the fund to another.)