Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10a_1013l:p7
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10A cl 1013L (pt 7/17)
Character Range: 2235261–2238029

public sector superannuation scheme.

10.2  After subsection 1017B(9)
insert
 (10) This section does not apply to a change or event in relation to a superannuation product or an RSA that relates to a payment split in respect of the product.
 (11) This section does not apply to a change or event in relation to a superannuation product or an RSA if the change or event happens because of a transfer in accordance with paragraph 6.29(1)(ba) of the Superannuation Industry (Supervision) Regulations 1994 in respect of the product.

Part 11—Modifications relating to charges for information requested

11.1  After subsection 1017C(8)
insert
 (8A) The obligation of a responsible person under this section to give information on request by a person arises only if the person pays the amount specified by the responsible person as the charge for giving the information.
 (8B) The amount of the charge must not exceed the reasonable cost to the responsible person of giving the information (including all reasonably related costs—for example, costs of searching for, obtaining and collating the information).
 (8C) A member who acts as a representative for or on behalf of a policy committee is not liable to any charge for information given to the member in that capacity.
 (8D) In the case of information to be supplied to a concerned person under Subdivision 5.9 of Part 7.9 of the Corporations Regulations 2001, a charge may be made only if:
 (a) the person to whom the information is to be given has requested the information; and
 (b) the person had been given the same information during the period of 12 months immediately preceding the date on which the request is made.

Part 12—Modifications relating to information when member leaves a fund

12.1  After subsection 1017D(3)
insert
 (3A) For a superannuation product or an RSA, the periodic statement in relation to the reporting period mentioned in paragraph 1017D(2)(d) must be given as soon as the issuer becomes aware that that person or another person (the former product holder) has ceased to hold the product, and, in particular, the issuer must make reasonable efforts to give the information within 1 month after becoming aware that the former product holder has ceased to hold the product.
 (3B) The issuer of a superannuation product or an RSA must make all reasonable efforts:
 (a) to give the information about the amount of insured death or disability benefits to which the former product holder may have been entitled; and
 (b) to give the information about a continuation option (if any) applying to those benefits (as mentioned in either paragraph 7.9.54(b) or 7.9.65(b) of the Corporations Regulations 2001) in a reasonable time before the option lapses.
 (3C) Subject to subsection (3D), if