Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p31
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 31/43)
Character Range: 1343076–1345852

the following:
  'The derivatives charge ratio is the percentage of the total market value of the assets of the fund (other than cash) that the trustee has charged as security for derivatives investments made by the trustee.';
 (k) if the fund maintains reserves—in respect of the relevant sub‑plan or, if none, of the fund, details of movements of reserves during the most recent reporting periods that, in total, constitute at least 3 years;
 (l) if the net earnings of the fund are allotted to members' accounts—in respect of the relevant sub‑plan or, if none, of the fund, the manner in which the allotment is made;
 (m) if the fund maintains reserves—in respect of the relevant sub‑plan or, if none, of the fund, a description of the management strategy of the fund trustee in relation to the reserves, having regard to the requirements of paragraph 52(2)(g) of the SIS Act;
 (n) details of any penalties imposed on the responsible person under:
 (i) section 38A of the SIS Act; or
 (ii) section 182 of the RSA Act;
 (o) if the fund is:
 (i) a defined benefit fund; and
 (ii) the contributions paid by the employer‑sponsor in the reporting period are less than the amount that an actuary has approved as sufficient contributions in that period; and
 (iii) the difference is material;
  in respect of the relevant sub‑plan or, if none, of the fund—a statement to the effect that the matters stated in subparagraphs (ii) and (iii) apply, and statements of:
 (iv) the consequences for the fund of the shortfall; and
 (v) any action that the trustee has taken, or proposes to take, in relation to the matter;
 (p) the ultimate source (including, for example, the fund's reserves, the members' accounts or the employer) from which payments in connection with superannuation contributions surcharges or advance instalments of surcharge will be drawn;
 (q) if there are circumstances in which the trustee would pay the member's benefit to an eligible rollover fund:
 (i) details of those circumstances; and
 (ii) the contact details of the eligible rollover fund; and
 (iii) a statement of the effect of the payment of benefits to the eligible rollover fund.
 (1A) Subregulation (1) does not apply to a self managed superannuation fund. Fund information for a self managed superannuation fund includes the ultimate source (including, for example, the fund's reserves, the members' accounts or the employer) from which payments in connection with superannuation contributions surcharges or advance instalments of surcharge will be drawn.
 (2) A nil amount need not be disclosed.
 (3) For subparagraph (1)(g)(ii), investments in a trust are taken not to be invested in the trustee of the trust.

7.9.39  Benefits determined by life insurance products
 (1) Paragraphs 7.9.37(1)(e),