Document ID: chunk:federal_register_of_legislation:C2025C00134:section:29pc
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 29PC
Character Range: 202750–203813

29PC  Obligation on individual trustees to answer questions
 (1) This section applies if a member of a registrable superannuation entity asks an individual trustee for the entity a question at an annual members' meeting for the entity.
 (2) The individual trustee must answer the question at the meeting or, if it is not reasonably practicable to do so, within 1 month after the meeting.
Penalty: 50 penalty units.
 (3) Subsection (2) does not apply:
 (a) if the question is not relevant to:
 (i) an action, or failure to act, by the RSE licensee in relation to the registrable superannuation entity or one or more members of the registrable superannuation entity; or
 (ii) the registrable superannuation entity; or
 (b) if it would be in breach of the governing rules of the registrable superannuation entity, this Act or any other law to answer the question; or
 (c) if answering the question would result in detriment to the members of the registrable superannuation entity, taken as a whole; or
 (d) in any other circumstances prescribed by the regulations.