Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10a_1013l:p9
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10A cl 1013L (pt 9/17)
Character Range: 2240368–2243204

the product holder does not need the information because the product holder has received or will receive, from the RSA institution, or from the trustee of the superannuation entity or exempt public sector superannuation scheme to which the amount is being transferred, information relevant to the product holder in respect of the exit reporting period, to the same general effect as that required under Subdivision 5.2 of Part 7.9 of the Corporations Regulations 2001.

Part 14—Modifications relating to obligation to give information about financial products

14.1  After subsection 1017B(7)
insert
 (7A) Subject to subsections (7B) and (7C), this section does not apply if:
 (a) the responsible person has an address for a concerned person, and:
 (i) is satisfied on reasonable grounds that that address is incorrect; and
 (ii) has taken reasonable steps to locate the concerned person but has been unable to do so; or
 (b) the responsible person has no address for the concerned person, and:
 (i) has been unable to obtain an address for the concerned person; and
 (ii) has taken reasonable steps to locate the concerned person, but has been unable to do so.
 (7B) If the responsible person has refrained, in reliance on subsection (7A), from giving information to a concerned person, the responsible person must give information to the concerned person if the responsible person later becomes aware of the concerned person's address or location.
 (7C) Subsection (7B) applies only in respect of information that the responsible person becomes liable to give to the concerned person after becoming aware of the concerned person's address or location.

14.2  After subsection 1017C(8)
insert
 (8A) Subject to subsections (8B) and (8C), this section does not apply if:
 (a) the responsible person has an address for a concerned person, and:
 (i) is satisfied on reasonable grounds that that address is incorrect; and
 (ii) has taken reasonable steps to locate the concerned person but has been unable to do so; or
 (b) the responsible person has no address for the concerned person, and:
 (i) has been unable to obtain an address for the concerned person; and
 (ii) has taken reasonable steps to locate the concerned person, but has been unable to do so.
 (8B) If the responsible person has refrained, in reliance on subsection (8A), from giving information to a concerned person, the responsible person must give information to the concerned person if the responsible person later becomes aware of the concerned person's address or location.
 (8C) Subsection (8B) applies only in respect of information that the responsible person becomes liable to give to the concerned person after becoming aware of the concerned person's address or location.

14.3  After subsection 1017D(7)
insert
 (8) Subject to subsections (9) and (10), this