Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p28
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 28/43)
Character Range: 1335683–1338385

holder of a superannuation product (being an interest in that entity) with the following fund information relating to the entity and any relevant sub‑plan (within the meaning of section 1017C of the Act):
 (a) if the entity is not a self managed superannuation fund—the name and ABN of each outsourced service provider that has provided, at any time in the previous 12 months, a service which may affect a material business activity of the entity;
 (b) if the entity is not a self managed superannuation fund—the following information about each member of the key management personnel of the entity:
 (i) the member's name;
 (ii) the member's qualifications;
 (iii) a summary of the member's experience as a trustee or board member, including the periods during which the member served as a trustee or board member;
 (c) if the entity is not a self managed superannuation fund—the record of attendance at board meetings for each director of the entity for:
 (i) the last 7 financial years; or
 (ii) if a director has served for a period of less than 7 years—that period;
 (d) the fund information specified in Subdivisions 5.6 and 5.7 of this Division that is applicable to the entity.

7.9.32  Fund information must be provided for each fund reporting period
 (1) For the purposes of subsection 1017DA(1) of the Act, fund information must be provided, in accordance with this regulation, to the product holder, for each fund reporting period during which the holder holds the product.
 (2) The following provisions apply in relation to fund reporting periods:
 (a) each reporting period lasts for:
 (i) a period not exceeding 1 year, fixed by the issuer; or
 (ii) a longer period fixed by ASIC on the application of the issuer to which the period relates;
 (b) the first reporting period starts when the holder acquired the product;
 (c) each subsequent reporting period starts at the end of the preceding reporting period.
 (3) Fund information for a fund reporting period must be provided as soon as practicable after, and in any event within 6 months after, the end of the reporting period.
 (5) Fund information in relation to a particular product holder need not all be provided in respect of the same fund reporting period.

Fund information must be provided on website and, if holder elects, in hard copy or electronic copy
 (6) The trustee must provide fund information for a fund reporting period to a product holder:
 (a) by making the fund information publicly available on the superannuation entity's website; and
 (b) if the holder elects to have a hard copy or electronic copy of the fund information—by sending the fund information to the holder, in that form, until the holder notifies