Document ID: chunk:federal_register_of_legislation:C2015C00151:clause:1_33
Version: federal_register_of_legislation:C2015C00151
Segment Type: clause
Provision Reference: sch 1 cl 33
Character Range: 23042–23793

33  At the end of section 29VA
Add:

Advice fees
 (9) This rule is satisfied if:
 (a) the fee is an advice fee that relates directly to financial product advice provided to a member; and
 (b) the member holds a MySuper product; and
 (c) the fee is charged to the member.

Insurance fees
 (10) This rule is satisfied if:
 (a) the fee is an insurance fee that relates directly to either or both of the following:
 (i) insurance premiums paid by the trustee, or the trustees, of a superannuation entity in relation to a member;
 (ii) costs incurred by the trustee, or the trustees, of a superannuation entity in relation to the provision of insurance for a member; and
 (b) the member holds a MySuper product; and
 (c) the fee is charged to the member.