Document ID: chunk:federal_register_of_legislation:C2020C00213:clause:1_99g:p2
Version: federal_register_of_legislation:C2020C00213
Segment Type: clause
Provision Reference: sch 1 cl 99G (pt 2/2)
Character Range: 9609–10503

(2), if:
 (a) the member held the product for the whole of the year; and
 (b) so much of the member's account balance with the fund on the last day on which the member held the product during the year as relates to the product were the member's account balance for the product on the last day of the year.

Refund of excess
 (6) The trustee or trustees of the regulated superannuation fund are taken to have complied with this section if any amount by which the total combined amount of capped fees and costs charged to the member in relation to the product for the year exceeds the maximum permitted under subsection (2) or (5) is refunded to the member within 3 months after the end of the year.

No breach of section 99E
 (7) To avoid doubt, the trustee or trustees of the regulated superannuation fund do not breach section 99E by complying with this section.

Part 2—Application provisions