Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:4:p5
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 4 (pt 5/12)
Character Range: 1430758–1433397

notice is the legal personal representative or a dependant of the member; and
 (ii) the proportion of the benefit that will be paid to that person, or to each of those persons, is certain or readily ascertainable from the notice or a statement under regulation 6.17B of the SIS Regulations; and
 (iii) the notice is in effect; and
 (c) the statement of the member about:
 (i) the proportion of the benefit that will be paid to the person, or to each person, mentioned in the notice; or
 (ii) how that proportion is to be determined; and
 (d) the fact that the member may confirm, amend or revoke the notice in accordance with subregulation 6.17A(5) of the SIS Regulations; and
 (e) the date when the notice ceases to have effect under paragraph 6.17A(7)(a) or (b) of the SIS Regulations.
 (2) The periodic statement must also include information that the member may use to confirm, amend or revoke the notice.
 (3) In this regulation, a reference to a notice includes a reference to the notice as confirmed, or amended, under subregulation 6.17A(5) of the SIS Regulations.

7.9.80B  Short selling of certain warrants
  For paragraph 1020B(1)(d) of the Act, a financial product that is transferable and is:
 (a) a derivative; or
 (b) a financial product that would, apart from the effect of paragraph 761D(3)(c) of the Act, be a derivative and is excluded from that paragraph only because it is a security described in paragraph 92(5)(c) of the Act; or
 (c) a legal or equitable right or interest in an interest in a managed investment scheme of the kind mentioned in paragraph 764A(1)(ba) of the Act;
is prescribed.
Note: Paragraph 764A(1)(ba) of the Act refers to a managed investment scheme that is not a registered scheme, other than a scheme (whether or not operated in this jurisdiction) in relation to which none of paragraphs 601ED(1)(a), (b) and (c) of the Act are satisfied.

Division 9—Additional requirements for transfer of lost members and lost RSA holders

7.9.81  Lost members
 (1) For paragraph 1020G(1)(c) of the Act, this regulation applies in relation to a restricted issue of a relevant financial product if:
 (a) the issue is mentioned in paragraph 1016A(2)(c) of the Act; and
 (b) the recipient is a lost member.
 (2) Part 7.9 of the Act applies in relation to the restricted issue as if paragraph 1016A(2)(c) of the Act included an obligation on the trustee of the fund that is applying for the issue on behalf of the recipient to give to the trustee that is to issue the financial product:
 (a) a statement that the recipient is a lost member; and
 (b) if the recipient has specifically asked the trustee making the