Document ID: chunk:federal_register_of_legislation:C2015C00151:clause:6_55b
Version: federal_register_of_legislation:C2015C00151
Segment Type: clause
Provision Reference: sch 6 cl 55B
Character Range: 108947–109547

55B  Governing rules do not prevent giving effect to certain elections
  A provision in the governing rules of a regulated superannuation fund is void to the extent that it would prevent a trustee or trustees of the fund from giving effect to:
 (a) an election made in accordance with section 29SAA (election to transfer accrued default amounts to a MySuper product); or
 (b) an election made in accordance with section 29SAB (election to transfer assets attributed to a MySuper product if authorisation cancelled); or
 (c) a requirement in regulations made for the purposes of subsection 29SAA(3).