Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p1
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 1/4)
Character Range: 1248022–1250793

1     The information in this document forms part of the Product Disclosure Statement [identification by name, date and version (if applicable) of each Statement]

 (6) For the avoidance of doubt, the giving of a Product Disclosure Statement to which this Subdivision applies is taken to be the giving of every matter that is applied, adopted or incorporated in accordance with subregulations (1) to (5).
 (7) If the Product Disclosure Statement applies, adopts or incorporates a matter, the information dealing with the matter is taken to have been given to a person on the day on which the product is acquired.

7.9.11Q  Retention of copies of Product Disclosure Statement for superannuation product
 (1) This regulation applies if:
 (a) section 1015B of the Act does not apply to require a Product Disclosure Statement to be lodged with ASIC; and
 (b) the Statement is for a superannuation product to which this Subdivision applies.
 (2) The responsible person for the Product Disclosure Statement must retain a copy of each version of the Statement that the responsible person issues for a period of 7 years starting on the day on which the version is prepared.
 (3) The responsible person for the Product Disclosure Statement must retain a copy of the document from which a matter is applied, adopted or incorporated by the Statement as mentioned in paragraph 7.9.11P(3)(c) for a period of 7 years commencing on the day on which the Statement is prepared.
 (4) If a document from which a matter is adopted, applied or incorporated by the Product Disclosure Statement as mentioned in paragraph 7.9.11P(3)(c) is changed in a way that changes the description of, or reference to, the matter, the responsible person for the Statement must retain a copy of the document for a period of 7 years commencing on the day on which the document is changed.

7.9.11R  Requirement to provide copy of Product Disclosure Statement for superannuation product free of charge
 (1) For paragraph 1015C(5)(a) of the Act, this regulation specifies requirements as to the manner in which a Product Disclosure Statement for a superannuation product to which this Subdivision applies must be given to a person if the person requests a copy of the Statement.
 (2) The responsible person for the Product Disclosure Statement must give the person, free of charge:
 (a) a copy of the Statement within 8 business days; and
 (b) a copy of a matter in writing that is applied, adopted or incorporated by the Statement within 8 business days.

Subdivision 4.2C—Content of Product Disclosure Statement for simple managed investment scheme

7.9.11S  Application of this Subdivision
 (1) This Subdivision applies to:
 (a) a person that is required to prepare a Product Disclosure Statement for a simple