Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p17
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 17/43)
Character Range: 1307886–1310590

non‑preserved benefits;
 (f) the amount (if any) of the withdrawal benefit for the member or RSA holder, at the end of the reporting period, that consists of unrestricted non‑preserved benefits;
 (g) if, in providing details of the amount of the withdrawal benefit at the end of the reporting period, a deduction for fees, charges or expenses has been made or might be made—details of the deduction;
 (h) if relevant, a statement informing the product holder that:
 (i) the information about the withdrawal benefit for the product holder at the end of the reporting period is based on notional amounts that would have been attributable to the product holder if the product holder had disposed of his or her interest in the product on the date shown in the statement; and
 (ii) the amounts on which that information is based might change; and
 (iii) before disposing of that product, the product holder should seek information from the product issuer on the withdrawal benefit at that time;
 (i) a statement informing the product holder that the product issuer is obliged to provide a member with any information that he or she reasonably requires to understand his or her benefit entitlements;
 (j) a statement of the way in which a product holder is able to gain access to information in relation to his or her investment in the financial product.

7.9.19A  Withdrawal benefit—fees, charges or expenses
 (1) For subsection 1017D(5A) of the Act, in providing details of a deduction for fees, charges or expenses in accordance with paragraph 7.9.19(g), the amount must be stated in dollars.
 (2) If ASIC determines that, for a compelling reason, it is not possible to state the amount of a deduction in dollars the amount of the deduction may be set out as a description of the fees, charges or expenses as a percentage of a specified matter (including worked dollar examples, unless that is inappropriate).
 (3) If ASIC determines that, for a compelling reason, it is not possible to state the amount of a deduction in dollars, or to set out the amount as a percentage, the product issuer may provide:
 (a) a statement informing the holder of the product that amounts for fees, charges or expenses are applicable; and
 (b) if information about access to the information about the amount of the deduction is not provided in the statement mentioned in paragraph 7.9.19(h)—details of the means by which a product holder can gain access to information relating to the amount of the deduction.
 (4) A determination under subregulation (2) or (3) must be:
 (a) in writing; and
 (b) published in the Gazette.

7.9.19B  Withdrawal benefit—fees, charges and expenses
 (1) For subsection 1017D(5A) of the Act, this