Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p3
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 3/4)
Character Range: 1262960–1265746

sub‑fund product to which this Subdivision applies.

7.9.11ZD  Modification of Act—simple sub‑fund products
  For the purposes of paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act is modified in its application to a simple sub‑fund product to which this Subdivision applies as set out in Part 5D of Schedule 10A.

7.9.11ZE  Form and content of Product Disclosure Statement for simple sub‑fund products
 (1) For the purposes of paragraph 1013C(1)(a) of the Act, as modified by Part 5D of Schedule 10A, a Product Disclosure Statement for a simple sub‑fund product to which this Subdivision applies must include the statements and information mentioned in Schedule 10F.
 (2) For the purposes of paragraph 1013C(1)(b) of the Act, as modified by Part 5D of Schedule 10A, a Product Disclosure Statement for a simple sub‑fund product to which this Subdivision applies must be in the form mentioned in Schedule 10F.

7.9.11ZF  Requirements for references to incorporated information for simple sub‑fund products
 (1) For the purposes of subsection 1013C(1D) of the Act, as modified by Part 5D of Schedule 10A, this regulation prescribes requirements for applying, adopting or incorporating, in a Product Disclosure Statement for a simple sub‑fund product to which this Subdivision applies, a matter contained in writing.
 (2) A Statement may apply, adopt or incorporate a matter only if a provision of these Regulations requires or permits the matter to be applied, adopted or incorporated by the Statement.
 (3) If a Product Disclosure Statement applies, adopts or incorporates a matter:
 (a) the matter must be:
 (i) in writing; and
 (ii) clearly distinguishable from any other matters that are not applied, adopted or incorporated; and
 (iii) publicly available in a document other than the Statement; and
 (b) the responsible person for the Statement must identify the matter by:
 (i) including in the Statement a concise description of the matter; and
 (ii) ensuring that the reference to the matter is clearly distinguishable from the other contents of the Statement; and
 (c) the responsible person for the Statement must:
 (i) identify each version of the matter (by including the date on which the version was prepared) so that a person who, at a particular time, is considering a simple sub‑fund product to which this Subdivision applies can identify the version that is relevant to the simple sub‑fund product at that time; and
 (ii) state the date on which the version was prepared in a prominent position at or near the front of the version; and
 (d) the responsible person for the Statement must ensure that a person who is relying on the Statement is able to have access to:
 (i) the matter; or
 (ii) if there is more than one version of the matter—each version;
  reasonably