Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:7:p34
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 7 (pt 34/39)
Character Range: 1188288–1191144

required to contain.
 (2) The regulated person may give the client a new PDS.
 (3) If the regulated person does not give the client a new PDS, the regulated person must give the client a Supplementary Product Disclosure Statement that contains the additional information.
 (4) If the regulated person gives the client a Supplementary Product Disclosure Statement under subsection (3), for the purposes of this Act:
 (a) the original PDS is taken to be the new PDS; and
 (b) the new PDS is taken to have been given to the client as required by this Act."

Division 2D—Preparation and content of Product Disclosure Statements

7.9.07J  Only 1 responsible person for a Product Disclosure Statement
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies as if section 1013A of the Act were modified by adding after subsection 1013A(3):
 '(3A) A Product Disclosure Statement for a product that is not a jointly issued product may be prepared by, or on behalf of, only 1 responsible person.'.

7.9.07K  Definition of defective: Product Disclosure Statement, Short‑Form PDS or Replacement Product Disclosure Statement
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies as if section 1022A of the Act were varied by omitting paragraph (b) of the definition of defective in subsection (1) and the following paragraph were inserted:
 '(b) if it is a Product Disclosure Statement, a Short‑Form PDS or a Replacement Product Disclosure Statement—either:
 (i) it is not prepared in accordance with section 1013A; or
 (ii) there is an omission from the Product Disclosure Statement, Short‑Form PDS or Replacement Product Disclosure Statement of material required by section 1013C, other than material required by section 1013B or 1013G; or'.

Division 2E—Obligation to make information publicly available: registrable superannuation entities

Subdivision 2E.1—Obligation to make product dashboard publicly available

7.9.07L  Modification of Act
  For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies as if section 1017BA of the Act were modified as set out in Part 6A of Schedule 10A.

7.9.07M  Source of power for this Subdivision
  This Subdivision is made for paragraphs 1017BA(1)(c) and (e) and subsection 1017BA(2) of the Act.

7.9.07N  Definitions
  In this Subdivision:
lifecycle exception has the meaning given by subsection 29TC(2) of the SIS Act.
lifecycle MySuper product means a MySuper product to which a lifecycle exception applies.
lifecycle stage, of a MySuper product offered by a regulated superannuation fund, means a subclass of members of the fund who hold the MySuper product, determined on the basis of:
 (a) age; or
 (b) age and the factors mentioned in regulation 9.47 of the SIS Regulations.
offering period means:
 (a) for a MySuper product other than a lifecycle MySuper product:
 (i) if the MySuper