Document ID: chunk:federal_register_of_legislation:F2022C00514:reg:105
Version: federal_register_of_legislation:F2022C00514
Segment Type: reg
Provision Reference: reg 105
Character Range: 195761–196881

105  Allocation of contributions
 (1) This rule applies to:
 (a) a member; and
 (b) a DFRDB member; and
 (c) a person taken to be making contributions under rule 110.
 (2) Subject to rules 105A and 105B, CSC must allocate contributions by a person to the Investment Division or Investment Divisions nominated by the person under their investment nomination and comply as far as possible with that nomination.
 (3) If CSC:
 (a) has not received an investment nomination from a person; or
 (b) cannot comply with an investment nomination in relation to all or part of a person's contribution because the nomination is defective or because one or more of the Investment Divisions have changed;
CSC must allocate the person's contributions, or the part of the person's contributions, to the default Investment Division.
 (4) Subject to rule 11R, a contribution to be allocated to an Investment Division in accordance with this rule must be allocated to the Investment Division as at the day that the contribution is received.
 (5) A person's contribution allocated under this rule becomes ancillary benefit for the person.