Document ID: chunk:federal_register_of_legislation:C2019C00214:clause:1_6
Version: federal_register_of_legislation:C2019C00214
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 27069–28223

6  At the end of section 290‑170
Add:

Amounts transferred to a MySuper product in another complying superannuation fund
 (6) If:
 (a) under an *arrangement, the fund (the original fund) transfers an *accrued default amount of a member (within the meaning of the Superannuation Industry (Supervision) Act 1993):
 (i) as a result of an election made under paragraph 29SAA(1)(b) of that Act; or
 (ii) under section 388 of that Act;
  to another superannuation fund that is a continuing fund for the purposes of subsection 311‑10(3); and
 (b) the arrangement takes effect after the making of your contribution; and
 (c) you are a member (within the meaning of that Act) of the continuing fund immediately after the arrangement takes effect; and
 (d) you did not give a notice under subsection (1) in relation to the contribution while you were a member (within the meaning of that Act) of the original fund;
then subsections (1) to (4) of this section, and section 290‑180, apply as if references in those provisions to the original fund (or the trustee of the original fund) were references to the continuing fund (or the trustee of the continuing fund).