Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p20
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 20/43)
Character Range: 1315344–1318192

to the fund at, or shortly before, the date of issue of the report, details of the amount of those contributions and of action that the trustee has taken, or proposes to take, to have the contributions paid;
 (m) the net amount of Government co‑contribution received during the reporting period;
 (n) for a regulated superannuation fund—a statement of long‑term returns, in accordance with regulation 7.9.20AA, of:
 (i) the MySuper product or investment option within a choice product in which a member is invested; or
 (ii) the sub‑plan, or, if none, the fund in which the member holds an interest;
 (o) for a regulated superannuation fund, if the trustee is required to make publicly available a product dashboard for the investment option, under section 1017BA of the Act—the latest product dashboard for the investment option.
 (2) For paragraph (1)(g), if the earnings rate for members of the fund is reflected in the price of units of the fund, rather than being credited or debited against the accounts of members, an earnings rate allotted to members in respect of a period is taken to be a change in the value of the members' units being determined by the trustee in respect of that period.
 (2A) For paragraph (1)(m), the periodic statement may state separately:
 (a) the amount of Government co‑contributions received; and
 (b) the amount of low income superannuation contributions received; and
 (c) the amount of low income superannuation tax offsets received.
Note: See section 12B of the Superannuation (Government Co‑contribution for Low Income Earners) Act 2003 for the way in which a law that applies in relation to a Government co‑contribution applies in relation to a low income superannuation tax offset.
 (3) A nil amount need not be disclosed.

7.9.20AA  Specific requirements for certain periodic statements: superannuation funds (other than self managed superannuation funds)—long‑term returns
 (1) For paragraph 7.9.20(1)(n), this regulation sets out requirements that apply to a trustee of a regulated superannuation fund (other than a self managed fund).
 (1A) This regulation does not apply if:
 (a) the superannuation product is a non‑investment or accumulation life insurance policy that is offered through the regulated superannuation fund; or
 (b) the superannuation product has no investment component (also known as a risk‑only superannuation product); or
 (c) the statement is a periodic statement to be given to a member of the regulated superannuation fund for a reporting period mentioned in paragraph 1017D(2)(d) of the Act.
 (8) The trustee must provide the following, in the periodic statement for a reporting period that is provided from 1 July 2011, to each member of the regulated superannuation fund:
 (a) if the member is invested in an investment option at the end of the reporting period—a statement