Document ID: chunk:federal_register_of_legislation:C2019A00040:clause:7_29pb
Version: federal_register_of_legislation:C2019A00040
Segment Type: clause
Provision Reference: sch 7 cl 29PB
Character Range: 70797–71889

29PB  Obligation on responsible officers of RSE licensees to answer questions
 (1) This section applies if a member of a registrable superannuation entity asks a responsible officer of the RSE licensee for the entity a question at the meeting.
 (2) The responsible officer of the RSE licensee must answer the question at the meeting or, if it is not reasonably practicable to do so, within 1 month after the meeting.
Penalty: 50 penalty units.
 (3) Subsection (2) does not apply:
 (a) if the question is not relevant to:
 (i) an action, or failure to act, by the RSE licensee in relation to the registrable superannuation entity or one or more members of the registrable superannuation entity; or
 (ii) the registrable superannuation entity; or
 (b) if it would be in breach of the governing rules of the registrable superannuation entity, this Act or any other law to answer the question; or
 (c) if answering the question would result in detriment to the members of the registrable superannuation entity, taken as a whole; or
 (d) in any other circumstances prescribed by the regulations.