Document ID: chunk:federal_register_of_legislation:C2019C00214:clause:3_10
Version: federal_register_of_legislation:C2019C00214
Segment Type: clause
Provision Reference: sch 3 cl 10
Character Range: 44476–45078

10  Item 13 of Schedule 1 (at the end of new subsection 149D(1))
Add:
Note: If a superannuation fund is specified in the default fund term of a modern award in relation to a standard MySuper product and, in addition to offering the standard MySuper product, the fund offers a tailored MySuper product that a default fund employee is entitled to hold, then any contributions made by the employer to the fund for the benefit of that employee will be paid into the tailored MySuper product instead of the standard MySuper product (see section 29WB of the Superannuation Industry (Supervision) Act 1993).