Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p4
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 4/5)
Character Range: 1244695–1247491

Schedule 10A.

7.9.11O  Form and content of Product Disclosure Statement for superannuation product
 (1) For modified paragraph 1013C(1)(a) of the Act, a Product Disclosure Statement for a superannuation product to which this Subdivision applies must include the information and statements mentioned in Schedule 10D.
 (2) For modified paragraph 1013C(1)(b) of the Act, a Product Disclosure Statement for a superannuation product to which this Subdivision applies must be in the form mentioned in Schedule 10D.

7.9.11P  Requirements for references to incorporated information for superannuation product
 (1) For subsection 1013C(1D) of the Act, as modified by Part 5B of Schedule 10A, this regulation prescribes requirements for applying, adopting or incorporating, in a Product Disclosure Statement for a superannuation product to which this Subdivision applies, a matter contained in writing.
 (2) A Product Disclosure Statement may apply, adopt or incorporate a matter only if a provision of these Regulations requires or permits the matter to be applied, adopted or incorporated by the Statement.
 (3) If a Product Disclosure Statement applies, adopts or incorporates a matter:
 (a) the matter must be:
 (i) in writing; and
 (ii) clearly distinguishable from any other matters that are not to be applied, adopted or incorporated; and
 (iii) if the superannuation product is not issued to a standard employer‑sponsored member—publicly available in a document other than the Statement; and
 (b) the responsible person for the Statement must identify the matter by:
 (i) including in the Statement a concise description of the matter; and
 (ii) ensuring that the reference to the matter is clearly distinguishable from the other contents of the Statement; and
 (c) the responsible person for the Statement must:
 (i) identify each version of the matter (by including the date on which the version was prepared) so that a person who, at a particular time, is considering a superannuation product can identify the version that is relevant to the superannuation product at that time; and
 (ii) state the date on which a version was prepared in a prominent position at or near the front of the version; and
 (d) the responsible person for the Statement must ensure that a person who is relying on the Statement is able to have access to:
 (i) the document containing the matter; or
 (ii) if there is more than 1 version of the document containing the matter—each version;
  reasonably easily and reasonably quickly.
 (4) The responsible person for the Product Disclosure Statement must also ensure that the Statement includes the statements in the following table relating to the matter, and sets them out in each place at which the matter has been applied, adopted or incorporated.

Item  Statement